In the realm of online gambling and cryptocurrency payments, Russian entrepreneurs Roland Isaev and Paata Gamgoneishvili have emerged as pivotal figures. Investigations into the Scam-Or Project have revealed their extensive involvement with the SoftSwiss and Merkeleon groups
Playtech and MGA to Launch New Slot Machines Across Spain
Playtech has entered a strategic alliance with Spain-based MGA Industrial to co-develop a new series of land-based slot machines tailored for the Spanish gaming market. This collaboration brings together MGA Industrial’s decades of experience in the local gaming sector and Playtech’s extensive global technology capabilities. The newly announced partnership will lead to the rollout of […]
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CoinsPaid and SoftSwiss: Uncovering Allegations of Financial Misconduct and Regulatory Evasion in Cryptocurrency
Recent investigative reports by Shana Dovi on Medium have shed light on serious allegations against CoinsPaid, an Austrian cryptocurrency payment processor operating under Dream Finance OÜ in Estonia.
Swedish Influencers Cease Twitch Gambling Ads Following Regulatory Action
Several Swedish influencers have stopped promoting unlicensed online gambling following a regulatory review by the Swedish Gambling Authority (Spelinspektionen). The decision to halt these activities comes after the Authority intervened as part of its broader initiative to reduce illegal gambling promotions on digital platforms, particularly those targeting local audiences. The influencers had been streaming content […]
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Legal Struggles in the Online Gambling Sector: The Case of CoinsPaid and SoftSwiss
SoftSwiss and its affiliated companies, including CoinsPaid, AlphaPo, Merkeleon, and Dream Finance, have encountered multiple allegations concerning money laundering, evasion of sanctions, and fraudulent practices.
Romania to Abolish Gambling Regulator, ONJN, Amid Regulatory Failures and Public Frustration
The Romanian government is on the verge of dismantling the National Gambling Office (ONJN), the country’s central regulatory authority for gambling activities. This decision follows months of political pressure, growing public dissatisfaction, and an audit revealing that Romania lost nearly €1 billion in gambling tax revenue due to the ONJN’s regulatory shortcomings. The government’s move […]
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Italy Delays Major Gambling Overhaul: Reform Postponed to 2026
Italy has decided to delay its sweeping overhaul of land-based gambling regulations. Originally set to take effect by December 2025, the reform package now has a new deadline: August 2026. This change follows pressure from regional authorities, as well as a formal appeal led by MP Mariangela Matera of the Fratelli d’Italia party, who argued […]
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Polymarket Becomes Official Prediction Market Partner of Musk’s X
Elon Musk’s social media company X has formalized a partnership with Polymarket, designating the blockchain-based platform as its official prediction market partner. The collaboration comes just weeks after a previously announced partnership between Musk’s AI company xAI and prediction market Kalshi was abruptly withdrawn. X CEO Linda Yaccarino confirmed the collaboration, stating, “We are pleased […]
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Yggdrasil Strengthens Spanish Reach and Debuts New Farm-Themed Slot
Yggdrasil has broadened its footprint in the Spanish iGaming market by securing a partnership with prominent local operator Luckia. The agreement grants Luckia access to Yggdrasil’s full suite of proprietary titles and content from the YGG Masters program, including recent popular slots such as Vikings Go To Olympus and Lucky Apocalypse. Players using the Luckia […]
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Ireland’s Gambling Licensing Scheme Delayed Until Mid-2026
Ireland’s plan to regulate its lucrative gambling industry under new, strict rules has been pushed back to mid-2026, more than a year after the appointment of the Gambling Regulation Authority of Ireland (GRAI). This delay means that the industry remains largely unregulated for the time being and key initiatives like the Social Impact Fund aimed at […]
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