HIGHLIGHTS 16/40

Sep 20, 20232 min read

TechIsland Hosts Workshop on Attracting Foreign Tech Companies in Cyprus

TechIsland, Cyprus's prominent tech business association, marked a significant achievement with the conclusion of the "Building Tech...

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Macau Casinos Enhance Cybersecurity Measures in Response to U.S. Attacks

Flexi Group

Sep 20, 20232 min read

Macau Casinos Enhance Cybersecurity Measures in Response to U.S. Attacks

In the wake of cyberattacks on major U.S. casino operators, including MGM Resorts and Caesars Entertainment, Macau's casinos are...

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Study Reveals Failures in Self-Regulation of Gambling Advertising in the UK

Flexi Group

Sep 20, 20232 min read

Study Reveals Failures in Self-Regulation of Gambling Advertising in the UK

A recent study conducted by researchers at the University of Bristol has highlighted significant issues with the self-regulation of...

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Cyprus to Launch "Photovoltaics for All" Plan to Promote Solar Energy

Flexi Group

Sep 19, 20231 min read

Cyprus to Launch "Photovoltaics for All" Plan to Promote Solar Energy

Cyprus is set to introduce a new initiative called the "photovoltaics for all" plan in the coming two months, aimed at encouraging the...

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EGBA Urges Norway to Adopt Licensing for Online Gambling

Flexi Group

Sep 19, 20232 min read

EGBA Urges Norway to Adopt Licensing for Online Gambling

The European Gaming and Betting Association (EGBA) has urged Norwegian lawmakers to transition from the current state monopoly system to...

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Curaçao's New Gaming Regulations Raise Questions for License Holders

Flexi Group

Sep 18, 20232 min read

Curaçao's New Gaming Regulations Raise Questions for License Holders

As Curaçao progresses toward implementing the National Ordinance for Games of Chance (LOK), there is growing uncertainty about how the...

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Deputy Minister Urges Cyprus Excellence Centers to Leverage Research for Funding

Flexi Group

Sep 15, 20232 min read

Deputy Minister Urges Cyprus Excellence Centers to Leverage Research for Funding

During a session of the House Committee on Commerce, the Deputy Minister of Innovation, Research, and Digital Policy, Philippos...

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Tabcorp Settles Dispute with Australian Taxation Office

Flexi Group

Sep 15, 20231 min read

Tabcorp Settles Dispute with Australian Taxation Office

Tabcorp Holdings Limited, an Australian entertainment and gaming company, has reached a resolution in its dispute with the Australian...

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Study Exposes Greenwashing Risks in Investment Fund Disclosures

Flexi Group

Sep 14, 20232 min read

Study Exposes Greenwashing Risks in Investment Fund Disclosures

In a recent study conducted by the CFA Institute, concerns have been raised about potentially misleading information in the disclosures...

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Limassol Real Estate Sales Surge to Nearly Half a Billion Euros in Q2 2023

Flexi Group

Sep 13, 20232 min read

Limassol Real Estate Sales Surge to Nearly Half a Billion Euros in Q2 2023

A report released by Cypriot firm Ask Wire has revealed that real estate sales in Limassol reached a total value of nearly half a billion...

735 views0 comments

MGM Resorts Hit by Cyberattack, Some Systems Offline

Flexi Group

Sep 13, 20231 min read

MGM Resorts Hit by Cyberattack, Some Systems Offline

MGM Resorts, a major hospitality and entertainment company, announced via social media on Monday that it had fallen victim to a...

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Report Reveals High Gambling Rates Among 16-Year-Olds in Ireland

Flexi Group

Sep 12, 20232 min read

Report Reveals High Gambling Rates Among 16-Year-Olds in Ireland

A new report titled "Children and gambling – evidence to inform regulation and responses in Ireland" highlights concerning trends in...

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Malta Revokes Tipster's License, Ireland Withholds Payments from PLI Over Regulatory Violations

Flexi Group

Sep 11, 20232 min read

Malta Revokes Tipster's License, Ireland Withholds Payments from PLI Over Regulatory Violations

In a week marked by regulatory action, both Malta and Ireland have taken measures against operators for non-compliance with their...

373 views0 comments

Cyprus Borrowers Association Highlights Concerns Over Non-Performing Loans Resolution

Flexi Group

Sep 8, 20232 min read

Cyprus Borrowers Association Highlights Concerns Over Non-Performing Loans Resolution

The Cyprus Borrowers Association (Syprodat) has expressed concerns over the resolution of non-performing loans (NPLs) in Cyprus. Syprodat...

339 views0 comments

Tabcorp Hit With AUD 1 Million Fine for Compliance Failures

Flexi Group

Sep 8, 20232 min read

Tabcorp Hit With AUD 1 Million Fine for Compliance Failures

Australian gambling company Tabcorp has been slapped with a significant AUD 1 million ($638,655) fine, marking the largest penalty ever...

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ANJ's Eric Sjöden Emphasizes Dialogue in French Gambling Regulation

Flexi Group

Sep 7, 20232 min read

ANJ's Eric Sjöden Emphasizes Dialogue in French Gambling Regulation

Eric Sjöden, Senior Advisor for International Affairs at France's gambling regulator, l'Autorité Nationale des Jeux (ANJ), highlights the...

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Top 10 Asian Casinos by Revenue in Q1 2023 Revealed

Flexi Group

Sep 6, 20232 min read

Top 10 Asian Casinos by Revenue in Q1 2023 Revealed

The Asian casino market continues to dominate the global gambling scene, with Macau consistently surpassing Las Vegas in monthly gross...

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Chinese Banks Extend Billions in Loans to Russian Banks as Western Lenders Withdraw

Flexi Group

Sep 4, 20232 min read

Chinese Banks Extend Billions in Loans to Russian Banks as Western Lenders Withdraw

Amid Western financial institutions scaling back their operations in Russia due to the ongoing Ukraine conflict, four of China's largest...

301 views0 comments

Cyprus Sees Modest Recovery in Net New Loans Amid Rising Borrowing Costs

Flexi Group

Sep 4, 20232 min read

Cyprus Sees Modest Recovery in Net New Loans Amid Rising Borrowing Costs

In July 2023, Cyprus witnessed a modest recovery in net new loans, reaching €300.5 million, up from €240 million in the previous month....

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Macau Casino Revenue Surges 686% in August, Approaching Annual Target

Flexi Group

Sep 4, 20232 min read

Macau Casino Revenue Surges 686% in August, Approaching Annual Target

Macau's casinos reported a remarkable surge in gross gaming revenue (GGR) in August, marking a more than 686% increase compared to the...

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