Highly recognized experts from Malta, Italy and Greece will join the hot discussion at European Gaming Congress VE (Virtual Edition)
Greece, Italy and Malta in focus at #EGC2020VE with Dr. Joseph F. Borg (WH Partners), Dr. Yanica Sant (Malta Gaming Authority (MGA)), Panagiotis Skyrlas (Kaizen Gaming), Vasileios Neiadas (Fantasy Sports Interactive), and Domenico Mazzola (Altenar).
The virtual edition of European Gaming Congress 2020 is taking place between 6-7 October and gathers top names of the gaming industry who will present their insights to create Europe’s largest gaming compliance gathering.
Among the +28 jurisdictions that will be covered during the event, you will also find some of the most anticipated topics such as the gaming industry opening in Greece, the twisted regulation of the Italian market and the future vision of the Maltese regulation.
In the autumn of 2019, the Parliament of Greece has passed a package of legislation that includes a bill reforming the country’s gambling laws. The gaming bill will see operators permitted to continue offering Random Number Generator games, such as slots, something omitted from an earlier draft.
Ever since then, the operators are forming lines to hear more about the ways in which they can obtain a license, while just recently the Greek government has implemented tough norms on online gaming and advertising.
In Italy, the Italian betting leadership criticized the parliamentary discussions for slapping a new 0.75% tax on betting and virtual sports revenues for garnering funds for ‘distressed Italian sports.’
The Italian Parliament has started discussions on a proposed ‘Revival Decree’, which is intended to help business and society’s recovery from COVID-19’s long-term consequences.
Some of the members of the parliament talked about a possible implementation of a 0.75% tax on all betting-related wagers – online, retail and virtual sports content.
All Italian gambling trade bodies criticized the proposal, alleging that COVID-19 discussions had been hijacked to further punish the industry.
When it comes to Malta, in exercise of the power conferred by article 7(2) of the Gaming Act, 2018 (Cap. 583 of the Laws of Malta), the Malta Gaming Authority has issued the Directive on the Key Function of the Prevention of Money laundering and the Financing of Terrorism (Directive 3 of 2020).
From the coming into force of this directive, B2C Licensees shall ensure that at least one of the Key Function Holders vested with exercising the Key Function of the Prevention of Money Laundering and the Financing of Terrorism must also be an FIAU-registered MLRO in accordance with the procedures laid down in the directive.
The directive has come into effect as of the 20th of July 2020, however, B2Cs holding a license before the coming into force of this directive have been afforded a two-month transitory period to align with the requirements specified in the directive.
During the “GAMING REPORT: SOUTHERN EUROPE” panel discussion, you have the opportunity to hear more about these subjects and of course access even more information which will be shared by the panelists under the moderation of Dr. Joseph F. Borg (Partner at WH Partners)
The panel will be joined by Dr. Yanica Sant (Head of International Affairs and Policy at Malta Gaming Authority (MGA)), Domenico Mazzola (Commercial Director at Altenar), Panagiotis Skyrlas (Head of Information Security & Compliance – Group DPO at Kaizen Gaming) and Vasileios Neiadas (Chairman at Fantasy Sports Interactive).
You can find more details about the speakers’ and moderator bios below.
The HIPTHER FESTIVAL includes a full week of conferences that are designed to bring together innovation with compliance via several talks and discussions in multiple industries and will run between 5-9 October.
The festival includes the following conferences:
- PICANTE Marketing Summit (#MS2020ve) – 5 October
- European Gaming Congress (#EGC2020ve) – 6-7 October
- PICANTE TECH Conference Europe (#TCE2020AutumnVE) – 8-9 October
The registration is free and you can attend all three conferences with just one registration!