Former Head of Tumas Gaming Arrested EMEA
Yorgen Fenech, a prominent businessman, has been arrested in connection with the murder of Daphne Caruana Galizia in Malta two years ago
Te casinos division closed the third quarter with growth due to an improvement in most of the markets where the company operates
MALTA GOVERNMENT
GERMANY – The Regional Council of Darmstadt, the department responsible for accepting German online sports betting licence applications, has said that any company targeting German players without a licence, would face tough penalties. With the third amended State Treaty on Gambling coming into force from January 1 2020, the council has been given additional powers allowing it to take action against such offenders. The Regional Council of Darmstadt said: “The state gambling supervisory authorities will not tolerate this. Once the third amended State Treaty comes into force, sports betting providers that continue to operate in the German market without securing permission to do so can expect to be sanctioned. Therefore should no licence application be submitted to the Regional Council of Darmstadt, we will immediately prohibit the illicit offerings.” It added that the Niedersachsen Ministry of the Interior, the body responsible for payment blocking orders, would be informed so it too could take action.
UK – Italian seating manufacturer MGR Casino Chairs has appointedl Ian Kovacs as the company’s Sales Manager for the EMEA region. Mr. Kovacs will head up the sales effort to develop the
UK market, but will also enhance MGR Casino Chairs presence in Europe. Ian joins MGR Casino Chairs with an impressive background in the gaming industry, where he has held various sales positions with well-known manufacturers during his 24 years in the casino industry.
MALTA – EveryMatrix has announced the appointment of Stian Hornsletten as Group CCO. Previously CEO of the company’s casino unit, Mr. Hornsletten has taken over his role as CCO to
drive the company’s commercial strategy forward, bring new operators on board and oversee the sales, marketing and account management teams.
Establishing and leading the CasinoEngine business unit, Stian Hornsletten is also the co-founder of EveryMatrix and a prominent figure within the company for the last 12 years. Hornsletten has over 19 years of experience in the online gaming industry, being an early entrant into betting exchanges and online poker and successfully leading many ventures to market.
Mr. Hornsletten commented: “This is a very exciting time to be joining the commercial teams, and I look forward to working together with my colleagues to ensure that the company’s commercial strategy, products and service level are robust in today’s business environment.”
P24 NEWSWIRE / INTERACTIVE / MARKET DATA
News outlets having been keenly following the arrest of Yorgen Fenech, a prominent businessman in Malata, in connection with the murder of Daphne Caruana Galizia two years ago. Mr. Fenech was detained by armed officers after his yacht was intercepted and searched. Ms. Galizia, an anti-corruption blogger, was killed by a car bomb in 2017.
Mr Fenech was formerly a director of both the Maltese energy company, Electrogas and the head of the Tumas Group, of which Tumas Gaming is a subsidiary, which owns the Oracle and Portomaso Casinos in Malta, in addition to the website
portomasogaming.com. Te Tumas Group, a business consortium registered on the island is estimated to be worth over €350m and includes assets in property, gaming, hospitality, energy and shipping.
Mr. Fenech recently resigned from a list of companies, including: Portomaso Leasing Company, Tumas Group Company, Tumas Group Finance Company Limited, Tumas Gaming Group, TG Leading Company Limited, TG Properties Limited, Tomino Services Limited, Mill Street Complex Limited, Halland Developments Company Limited, St Andrews
Gamesys and Scientific Games launch new Rainbow Riches site
UK
Gamesys Group and Scientific Games have launched a new site dedicated to one of the UK’s most popular slots, Rainbow Riches, which has proven to be a favourite amongst players across retail and online since it was first released in 2006.
Te new site, Rainbow Riches Casino, offers a destination site for fans of Scientific Games’ Rainbow Riches franchise, which has a rich history as a player favourite series in both land-based and online gaming markets. Dylan Slaney, SVP Gaming at SG Digital, commented: “We are excited to launch this new site under the OpenGaming banner that brings the world of Rainbow
Hotel Limited, Norma Limited, Spinola Investments Limited, and Sun Island Services Limited, among others.
Mr. Fenech’s resignations will put a little distance between him and the businesses in question, though in most cases he remains a shareholder with family members taking up his vacant positions. In addition to the murder investigation, Malta’s Financial Intelligence Analysis Unit has linked Mr. Fenech as being the owner of Dubai-registered company, 17 Black. In a report from the Council of Europe, “17 Black had been expected to make large monthly payments to secret Panama companies owned by senior Maltese officials and had also received large sums of money from an Azerbaijani national.
Te story has evolved into a national scandal, one that had started to be uncovered by Mr. Galizia. Te investigation has resulted in multiple resignations from the government in connection with Mr. Fenech’s arrest, including the chief of staff, Keith Schembri, who was briefly arrested in relation to the investigation. Prime Minister Joseph Muscat is also stepping down as a result of the case.
Riches to life in a unique and altogether different way, offering an immersive experience for players.
“Trough our years of partnership with Gamesys including the launch of Monopoly Casino, we have sought to transform player experiences. With their latest move to the Open Gaming System platform, we are delighted to bring this new casino offering to the market in partnership with Gamesys and look forward to its success.”
As well as the Rainbow Riches games, which players already know as one of SG Digital’s top-tier brand franchises, the new Gamesys Group venture provides a range of new and exclusive Rainbow Riches games. Tese include Daily Rainbows and Leprechaun’s Harvest which provide the opportunity to play free games daily and monthly.
Sweden
Te UKGC and Spelinspektionen have signed a Memorandum of Understanding (MoU) to help build cooperation between the regulatory bodies. Te MoU supports closer communication through the sharing of best practice on areas including regulatory policies and procedures. Te agreement came into force on November 11th.
Camilla Rosenberg, director general of Spelinspektionen, commented: “Tis is an important agreement for us. We have common interest in many areas. By opening the communication channels between the authorities we become stronger in our supervisory activities. Tis is the beginning of a broad and long- term cooperation. Earlier this year we have entered a MoU with Malta Gaming Authority and Gibraltar Gambling Division.”
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