MaxEnt withdraws from UK market amid Brexit
NetShop Internet Services Ltd | Cyprus, Malta and UK Web Hosting and e-Commerce Solutions
by eefthymiou
4y ago
Language Undefined With a statement published on their official website, Max Entertainment (MaxEnt) decided to leave the UK Market for strategic business reasons but “with a heavy heart”.  The Malta-based operator has cited the imminent departure of the UK from the European Union as the reason behind this decision and will no longer allow registrations from UK citizens effective immediately. Following the December 2019 UK general election and the threat of Brexit becoming a reality, the operator will focus on other well-regulated European markets.  “Maxent are not ruling out the possibility ..read more
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ReelNRG goes Live with GVC Holdings
NetShop Internet Services Ltd | Cyprus, Malta and UK Web Hosting and e-Commerce Solutions
by eefthymiou
4y ago
Language Undefined With a statement posted on the official website of the Online and Mobile slot game developer, ReelNRG, they informed the general public on the launch of their slots with GVC Holdings, one of the world’s largest sports betting and gaming groups.  Taking into consideration the Christmas season, the Reel Santa slot went live on Wednesday 18 December and it will be followed by the launch of new and existing slots over the next quarter. This marks the beginning of an exciting journey for ReelNRG and CEO Calvin Kent who are “looking forward to working closely with GVC to bring ..read more
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11% growth for the European Online Gambling Market
NetShop Internet Services Ltd | Cyprus, Malta and UK Web Hosting and e-Commerce Solutions
by eefthymiou
4y ago
Language Undefined The European Gaming and Betting Association (EGBA) in partnership with H2 Gambling Capital, have published their market data showing the growth of Europe’s Online Gambling Market in 2018 - 11%. From €20 billion gross gaming revenue (GGR) in 2017 to €22.2 billion GGR in 2018, the data confirm the interest of online gambling among the EU countries.  According to the findings, during 2018, EGBA members had 16.5 million active customers and generated €5.41 billion in online gambling GGR. The figures account for 24% of the total EU online gambling market. The annual data colle ..read more
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Operators to cease offering unlicensed Sports Betting in Hesse
NetShop Internet Services Ltd | Cyprus, Malta and UK Web Hosting and e-Commerce Solutions
by eefthymiou
4y ago
Language Undefined After announcing that as of January 2020 Sports Betting will be subject to Authorization in the German state of Hesse, the government was shocked by the number of applications received. None.  In an effort to re-regulate the German Sports Betting market, the Deutsche Automatenwirtschaft (DAW), umbrella association in charge of gaming machine manufacturers and suppliers, published a series of changes and key updates. One of the main concerns was the official licensing of the Sports Betting segment but that seems to pose many difficulties to Authorities.  Minister for the I ..read more
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Danish iGaming Regulator enforces deposits from January 2020
NetShop Internet Services Ltd | Cyprus, Malta and UK Web Hosting and e-Commerce Solutions
by eefthymiou
4y ago
Language Undefined Following the government imposed tax raise for iGaming operators to 28%, new changes are on the horizon for the iGaming industry in Denmark.  The Danish gambling regulator Spillemyndigheden has announced a series of updates and amendments to its online casino certification programme on December 10th.  From the 1st of January 2020, it will be mandatory for players to set a deposit limit before actually being able to play. This means that prior to gambling, players will have to choose and set a monthly, weekly or daily limit.  Companies who operate under the Danish Gambling ..read more
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MGA signs Data Sharing Agreement with Malta FA
NetShop Internet Services Ltd | Cyprus, Malta and UK Web Hosting and e-Commerce Solutions
by eefthymiou
4y ago
Language Undefined In an effort to enhance their existing collaboration, the Malta Gaming Authority (MGA) and the Malta Football Association (FA) signed a Data Sharing Agreement on December 5th at the Malta Football Association headquarters in Ta’ Qali, Malta.  The Agreement, which came into force on the same day, allows both parties to share data and exchange information for the prevention and investigation of match-fixing and other corruption incidents in sports. The importance of the document was emphasized by the MGA Chief Executive Officer, Heathcliff Farrugia, who stated: “This Data S ..read more
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Danish Government to Raise iGaming Tax from 2021
NetShop Internet Services Ltd | Cyprus, Malta and UK Web Hosting and e-Commerce Solutions
by eefthymiou
4y ago
Language Undefined The Denmark Social Democrating government with the support of the Red-Green Alliance, Socialist People's Party, Danish Social Liberal Party and Alternative Party has announced that it will increase the taxes for iGaming operators. Licensed sports betting and online casino operators will now have to pay a tax equal to 28% of gross gaming revenue, a significant raise from the previous 20%, which is expected to generate DKK150m (€20.08m) in tax revenues in the first year.  The government has commented that the tax on these products is lower than that imposed on land-based ca ..read more
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NetShop ISP team at SiGMA '19
NetShop Internet Services Ltd | Cyprus, Malta and UK Web Hosting and e-Commerce Solutions
by eefthymiou
4y ago
NetShop ISP's Team will be at SiGMA'19 iGaming Expo (Summit of iGaming, Malta) Date 3, Friday 29th, at Malta Fairs & Conventions Centre. Meet us at Stand ST45 to discuss Business or your next Project. Being active in the iGaming industry for the past 10 years, NetShop ISP is, today, among the top choices for hosting by leading Platform Suppliers, Software Developers and iGaming Startups. We will be glad to meet you and don't forget to ask our Representatives for the exclusive Discount to Get Started! Tags:  sigma2019 sigma netshopisp letushostyou igaming datacenter Facebook LinkedIn ..read more
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Malta Gaming Awards 2019 - NetShop ISP shortlisted for "Best Hosting Services of the Year"
NetShop Internet Services Ltd | Cyprus, Malta and UK Web Hosting and e-Commerce Solutions
by nsadmin
4y ago
NetShop ISP, award winning and leading Data Center Service Provider, announces its participation at the Malta Gaming Awards 2019. NetShop ISP has been working hard on refining the traditional web & server hosting products and introducing a truly innovative set of solutions which are affordable enough to kickstart a Startup project and scalable to meet any software, hardware and traffic volume needs. Today we are on our way to achieve excellence in the Global iGaming industry through the island of Malta, the undisputed front-runner in the regulation of the online gaming industry. We are g ..read more
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Leading Data Center Provider, NetShop ISP, Exhibiting at SiGMA'19 iGaming Expo in Malta (27-29 Nov)
NetShop Internet Services Ltd | Cyprus, Malta and UK Web Hosting and e-Commerce Solutions
by nsadmin
4y ago
November 18, 2019 - SiGMA is one of the largest and most reputable iGaming exhibitions that attract thousands of delegates from all over the world. This year, the event will be held at Malta Fairs & Conventions Centre from the 27th until the 29th of November. The 6th edition of the SiGMA iGaming Expo will have more than 12,500 attendees, from all over the world, including 2,500 affiliates, 200 speakers, and more than 400 sponsors and presents a fantastic networking opportunity for businesses, of any size, operating in the iGaming sector. NetShop Internet Services attending SiGMA’19 The l ..read more
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