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Malta Gaming Authority CEO to Step Down

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Heathcliff Farrugia of the Malta Gaming Authority has confirmed that he would not be renewing his CEO tenure.

Farrugia confirmed to local news sources that he had requested the government not to renew his leadership terms as MGA CEO, which expires at the start of next year. Declaring his resignation, Farrugia reportedly wants to establish a new business with MGA Chief Regulatory Officer Karl Brincat Peplow.

Farrugia was an executive of MGA since 2014 and was appointed as the Chief Executive in 2018, replacing long-term incumbent Joseph Cuschieri.

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Compliance Updates

REEVO Earns Certification for Italian Market

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REEVO, proudly announces its certification to enter the Italian iGaming market. This certification marks a significant milestone in REEVO’s journey to becoming a global powerhouse in online gaming, as it brings the company’s innovative portfolio of in-house and third-party games to one of Europe’s most dynamic and established markets.

As one of the most regulated and thriving iGaming landscapes, Italy offers an incredible opportunity for REEVO to connect with new audiences and solidify partnerships with top-tier operators. With this certification, REEVO is poised to deliver its high-quality content to Italian players, ensuring a seamless gaming experience that combines advanced technology, captivating game design, and localized features tailored to the Italian market’s preferences.

“This certification is a landmark achievement for us,” said Karl Grech, Head of Business Developent of REEVO“Entering the Italian market reflects the relentless dedication of our entire team. We’ve always aimed to provide operators with the best aggregation platform and players with unforgettable gaming experiences. Italy represents a key step in our global expansion, and we’re excited to bring REEVO’s innovative spirit to this vibrant market.”

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REEVO’s expanding library includes hit games like Electro Reels Power Portal and Bullfighting Champion, along with several titles, all of which are now available to Italian operators. The company’s commitment to creating localized, engaging content ensures that Italian players will experience games designed to meet their tastes while maintaining the quality and creativity REEVO is known for.

With a strong focus on fostering long-term partnerships, REEVO is well-positioned to collaborate with key Italian operators. “We are excited to work closely with our partners in Italy to bring something fresh and engaging to the market,” said Karl Grech, Head of Business Development at REEVO. “Having worked in Italy for over 15 years, I’ve developed strong connections that will be invaluable as we establish our presence here.”

As REEVO takes this bold step into the Italian market, the future holds even more promise. With upcoming game releases, continuous platform enhancements, and a focus on delivering exceptional value to operators and players alike, REEVO’s Italian journey is only just beginning.

“We’re not just entering the Italian market; we’re making a statement,” Karl Grech added. “REEVO is here to elevate the iGaming experience, and we’re thrilled to be part of Italy’s exciting gaming landscape.”

The post REEVO Earns Certification for Italian Market appeared first on European Gaming Industry News.

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2025 ICR Conference

Golden Matrix Group to Participate in the 2025 ICR Conference

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Golden Matrix Group Inc., a developer and licensor of online gaming platforms, systems, and gaming content, today announced that management will participate in the 2025 ICR Conference on January 13-15, 2025 at the Grande Lakes Resort in Orlando, FL.

Zoran Milosevic, Chief Executive Officer of Meridianbet, will participate in a fireside chat with an equity research analyst on Monday, January 13, 2025, at 2:30 PM ET and will also be available for meetings during the conference.

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Paf employees donated €125,000

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The Nordic gaming company Paf decided to give all employees the opportunity to donate €125,000 to various good causes, initiatives and projects. The causes were selected through a nomination and voting process by the employees.

All Paf employees were given the opportunity to nominate their own initiatives that they felt were worthy of Paf’s €125,000 donation. Once the nomination process was complete, employees were asked to vote for the initiatives, and it was the employees’ votes that determined which initiatives received the donation and how much of the sum was allocated to each project.

“It’s really important that everyone who works at Paf feels that our core mission is different and that it’s well worth working for. That’s why we wanted to involve the employees and give everyone a direct opportunity to determine the distribution of the donation,” says Paf’s CEO Christer Fahlstedt.

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Paf’s basic purpose is to generate funds for the benefit of society. The annual profit is used as Paf funds for social, environmental, youth, sports and cultural purposes, among others.

Second year in a row

This is the second year in a row that Paf employees have been able to donate a sum of money to various good causes. Last year employees donated €100,000 and this year the amount was increased to €125,000.

“It was a great way to end last year and a good initiative to repeat this year. The donation is not part of Paf’s usual mission and purpose, but it reflects our overall core purpose in an excellent way,’ says Paf CEO Christer Fahlstedt.

The distribution of €125,000

When the employees gathered in December for the annual Christmas speech, the vote was taken and the result determined how the €125,000 would be distributed. The Employee vote gave causes for Ukraine the biggest donation and €40,000, followed by causes against cancer €25,000 and in third place causes for combating abuse of children €15.000.

1. €40.000 – Causes for Ukraine

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2. €25.000 – Causes against cancer

3. €15.000 – Causes for combating abuse of children

4. €12.000 – Causes for Children

5. €9.000 – Causes for Animals

6. €7.000 – The Swedish Brain Foundation (Hjärnfonden)

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7. €6.000 – Medical aid for Palestine

8. €5.000 – Causes for Women

9. €3.500 – Relief efforts – Spanish weather disaster

10. €2.500 – Jesuit Refugee Services Malta

Most votes – top 3

Causes for Ukraine goes to the following initiatives;

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  • Power Up Ukraine, Swedish based, helps with energy solutions

  • Blågula Bilen, Swedish based, donates trucks & 4×4 vehicles with supplies

  • Hospitallers, based in Ukraine, Hospitallers is a volunteer organization of paramedics.

  • Come Back Alive, Ukraine, Demining in Ukraine

  • Safe & Smart, Ukraine based, Restoring hybrid and offline learning in Ukrainian schools

Causes against cancer goes to;

  • Barncancerfonden, Sweden, They help families and contribute to paediatric cancer research with the aim of eradicating childhood cancer

  • Kingitud Elu, Estonia, Estonian Association of Parents of Children with Cancer

  • Rintasyöpäyhdistys, Finland, Europa Donna Finland ry works to increase awareness of breast cancer and improve the quality of life for patients during and after the treatment period

  • Project Liv, Finland, support children with cancer and their families

Causes for combating abuse of children goes to;

  • Internet Watch Foundation, UK, stop child sexual abuse online

  • Anti-Human Trafficking Intelligence Initiative, USA based, end human trafficking and child exploitation

  • Missing Children Europe, protects children from going missing

  • ECPAT, based in Thailand, ensures children live a childhood free from sexual abuse and exploitation

  • La Strada International, Europe, works against human trafficking

  • Prajwala, India, works to end sex trafficking & sex crime

  • Maiti Nepal, Nepal, works for a society free from trafficking of children & women

The nomination and voting process was not open to organisations or initiatives that were already beneficiaries of Paf funds. Since 1966, Paf has distributed more than €447 million in Paf funds. In the spring of 2024, Paf was able to distribute €31.4 million for the benefit of society.

The post Paf employees donated €125,000 appeared first on European Gaming Industry News.

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