Satabank ordered to block deposits into customers' accounts

Should you wish to open a new bank account after the latest SataBank restrictions, simple get in touch with us by email This email address is being protected from spambots. You need JavaScript enabled to view it. or Mobile Number +35699441881

Satabank plc has been directed by the Malta Financial Services Authority to refrain, cease and desist from taking further deposits into the accounts of its current customers.

The bank has also been directed to refrain from accepting any new customers, affecting or processing any withdrawal or outward transfers from any accounts it held and from effecting any transfer, sale, placement or any other movements of its or its customers’ assets.

has also been ordered to retain and preserve all records, data and documents relating to its business and its clients, including those on its IT systems and networks whether in Malta or in any other jurisdiction, as well as any other documentation which related to its business in any way.

Continue reading

IGA at Delta Summit

Join us at Malta’s leading blockchain and digital innovation summit

Come and meet us at the Intercontinental, Malta, between the 3rd and 5th October 2018, and get to know how we can help simplify your business needs.

iGamingAdvisors services vary from company formation, acquisition of gaming licenses and opening of bank accounts amongst others. Its subsidiary company, iCoinMalta offers blockchain advisory, ICO setups, white paper reviews and much more.

Should you wish to get in contact with please send an email to This email address is being protected from spambots. You need JavaScript enabled to view it. or Mobile Number +35699441881

LeoVegas AB: LeoVentures invests in Pixel.bet

Do the difficult things while they are easy and do the great things while they are small. A collaboration between iGamingAdvisors and Pixel Holding Group Ltd led to LeoVegas Group, acquired 51% of the shares in Pixel Holding Group Ltd, which runs the esports betting operator Pixel.bet. The investment amounts to EUR 1.5 million for 51 percent of the company and is made through a new issue. Pixel.bet's vision is to create the greatest gaming experience in betting on esports www.pixel.bet

"Esports is an international and fast-growing area that engages millions of viewers and players every month. With this investment in Pixel.bet we as a Group will gain unique insight into a new and fast-growing segment," comments Gustaf Hagman, LeoVegas' Group CEO and co-founder of LeoVegas Mobile Gaming Group.

Continue reading

Mario Fiorini (iGamingAdvisors) finalist for consultant idol of the year

One of the main objectives of iGamingIdol is to identify individuals and firms which excel in their profession and keep the gaming industry successful as it is today.

There are a number of areas which iGamingIdol identified as the most influential to the success story. The shortlisting procedure and win this prestigious award is established through the first step being a nomination of the individual/firm followed by a thorough examination by the well experienced judges of iGamingIdol. This shortlisting will identify the top three individuals/firms within their area of expertise.

Continue reading

MGA New Regulation pushed back to August

Following the notification of the draft new legal framework regulating gaming through the Technical Regulation Information System (‘TRIS’) process in virtue of Directive (EU) 2015/1535 (the ‘Directive’), a Detailed Opinion has been issued by a Member State in relation to the draft Gaming Authorisations Regulations (the ‘Regulations’).  The European Commission and another Member State have also issued comments in relation to various legislative instruments.

 

This Detailed Opinion has extended the standstill period for implementation of the Regulations by one month, to the 16th July 2018.  In this light, the implementation of the new regulatory framework shall also be delayed by one month, and will henceforth be moved to the 1st August 2018, in full respect of the standstill period in terms of the Directive. 

Continue reading