Gaming

MALTA RANKS HIGHLY IN GLOBAL “SECRECY INDEX”

Thursday, November 12, 2009

A global secrecy index compiled by the TJN (Tax Justice Network) has placed Malta as 22nd most secretive jurisdiction in the world. Malta achieved an opacity score of 83 out of 100 for opacity and was judged “a long way from offering financial transparency”. Despite not appearing on many blacklists, Malta still maintains a... »

MAXIMUM SENTENCE FOR BETONSPORTS FOUNDER GARY KAPLAN

Wednesday, November 4, 2009

Gary Kaplan, the founder of the offshore gambling firm BetOnSports, has been given the maximum prison sentence of 51 months for “conspiring” to break racketeering laws in the US, among other violations. Kaplan has been in jail since March 2007, and has already agreed to hand over around $44 million to US Authorities which... »

MALTESE MINISTER PROMISES COUNTRY WILL NOT BECOME ”ONE BIG CASINO”

Thursday, October 8, 2009

As reportes by Times of Malta: Finance Minister Tonio Fenech said yesterday the government did not want Malta t become ”one big casino”. It would be reconsidering gaming legistlation to prevent “being caught in a grey area” during court proceedings and would seek to enfore laws with greater strength. Speaking during ... »