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Iranian Government Proposes for New Cryptocurrency Mining Regulations

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The Cabinet of Iran has proposed for new cryptocurrency mining regulations in Iran, which include annual licensing for cryptocurrency miners.

Based on the proposal, licensed and registered cryptocurrency miners will be required to submit information such as their list of business activities, the predicted value of their investments, current employment status, rental agreements for the space itself, value of their mining equipment and the duration of the mining project. The license will need to be renewed every year.

The Iranian mining industry has grown dramatically over the past two years. One anonymous source in Tehran told CoinDesk that most miners he knows are “under the radar” and import equipment through the black market, without paying taxes.

The Central Bank of Iran finally recognised the grassroots industry and promised a lawful licensing procedure in July 2019. The pending proposal was approved by Reza Rahmani, Iran’s Minister of Industry, Mine and Trade. The Iranian mining licenses would only apply to miners with equipment that requires 30 kilowatts, which might exclude homemade mining equipment or small operations.

“It’s obvious that the power industry here in Iran, it’s not a private business, it’s from the government. They need to figure out how to balance mining [operations] so that they wouldn’t harm the power grid. If there’s a constant, a continuous consumption of electricity you can also make new power plants or assign power plants to this,” an anonymous source said.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Iranian Government Proposes for New Cryptocurrency Mining Regulations

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SiGMA Group Announces Malta iGaming Awards Contenders

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Gala dinner will be followed by a charity auction in aid of the SiGMA Foundation 

SiGMA Group has announced the finalists for the Malta iGaming Awards taking place 26th November 2019, at the Hilton Hotel, St Julian’s, Malta.

The awards evening includes a gala charity dinner at the Hilton Hotel with a number of paintings and artworks to be auctioned off to raise money for good causes. The fund-raiser is organised by SiGMA Group and all proceeds will go towards The SiGMA Foundation.

SiGMA Group is welcoming the cream of the iGaming community to the Awards night gala, which will provide a chance for premier networking with fellow industry leaders, and an opportunity to mingle with the creative minds behind the artworks. The auction will feature a number of innovative pieces from established artists, both local and international.

This year there are some 30 awards categories, reflecting how the iGaming sector has expanded and diversified over the last year.

And the nominations are…

Affiliate Network Of The Year (sponsored by Finductive Max)
– Matching Visions / BetAffiliation / Advendor

Affiliate Program Of The Year (sponsored by STS)
– Betzest / MrGreen / Betsson Group Affiliates

Affiliate Software Of The Year   (sponsored by FunFair Technologies)
– MyAffiliates / Netrefer / CAKE

Casino Affiliate Of The Year  (sponsored by BetSoft)
– Kafe Rocks / Raketech / Blexr

Asian Live Dealer Of The Year  (sponsored by Bank Roulette)
– Oriental Gaming / Lotus Gaming / eBet

Asian Slot Provider Of The Year  (sponsored by Lucky.io)
– Ganapati / Betsoft / Ameba Entertainment

Asian Platform Provider Of The Year (sponsored by Cryptopay)
– Tripleone Tech / SA Gaming / TC Gaming

Asian Product Of The Year  (sponsored by Fashion TV)
Asia Gaming / Betsoft / InPlayMatrix

Game Vendor Of The Year  (sponsored by SimplePlay)
– Yggdrasil / Play’n GO / Pragmatic Play

Hosting Service Of The Year (sponsored by Playtech)
– Internet Vikings / Continent8 / Netshop ISP

Online Casino Of The Year  (sponsored by Pragmatic Play)
– Kindred / Betsson Group / BitStarz

B2B Platform Of The Year  (sponsored by Ganapati)
– BetConstruct / SkillOnNet / Play’n GO

Sportsbook Affiliate Of The Year (sponsored by Intertops)
– BetterCollective / Catena Media / Alex Affiliates

Sportsbook Operator Of The Year  (sponsored by Altenar)
– William Hill / Betsson Group / 1xBet

Corporate Social Responsibility Of The Year  (sponsored by United Remote)
– Betsson Group / Microgaming / Skywind

Crypto Payment Solution Of The Year  (sponsored by Dao Group)
– Cryptopay / CoinsPaid / Bitbay Pay

Instant Win Of The Year  (sponsored by Acquiring.com)
– Hacksaw / Neogames / Gluck Games

Fastest Growing White Label Of The Year  (sponsored by Stakelogic)
– Cashmio / Gate 777 / Frank and Fred Casino

Innovator Of The Year  (sponsored by iGaming Academy)
– Videoslots / Hero Gaming / Evolution Gaming 

Legal Firm Of The Year (sponsored by Netshop ISP)
– WH Partners / KSI Malta / Tal Ron. Drihem & Co

iGaming Media Of The Year  (sponsored by Hexopay)
– Gambling Compliance / Focus Gaming News / CalvinAyre.com

Mobile Gaming Provider Of The Year (sponsored by Pragmatic Solutions)
– Habanero / Play’n GO / Reel NRG

Multi-channel Provider Of The Year  (sponsored by Continent8)
– Betconstruct / Betgames.tv / Singular

Multi-Product Provider Of The Year  (sponsored by Apollo Games)
– BetConstruct / InPlayNet / Microgaming

East-Meets-West Consultancy Of The Year
– BDO / iGaming Asia / SMP eGaming

Payments Provider Of The Year (sponsored by Bitbay Pay)
– Trustly / HiPay / Zimpler

Training Service Provider Of The Year  (sponsored by United Remote)
– iGaming Academy / MCAST / Totally Gaming Academy 

Trustly Pay N Play Product Of The Year (sponsored by Trustly)
– Hero Gaming / No Account Casino / ComeOn!

Tokenized Gaming Asset Of The Year  (sponsored by Betconstruct)
– Lucky.io / G8C / FunFair

Tokenized Casino Game Of the Year  (sponsored by UltraPlay)
Lucky.io / BitCasino / CoinPoker

SiGMA’19 takes place from 26th to 29th November at the MFCC in Ta Qali, Malta, kicking off with the Malta iGaming Awards at the Hilton on Tuesday 26th.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: SiGMA Group Announces Malta iGaming Awards Contenders

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Japan Tourism Agency Issues IR Proposal Timeline

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Japan Tourism Agency has announced further details on the IR licensing schedule.

The Agency explained it will accept proposals from local governments between January 4 and July 30, 2021. Therefore, we can expect Japan regions to pick IR consortium partners in late 2020 and early 2021.

The Agency also disclosed it has conducted consultations with interested governments. The Tokyo Metropolitan Government, prefectures of Hokkaido, Nagasaki, Osaka, and Wakayama; and the cities of Chiba, Nagoya, Osaka, and Yokohama contacted them.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Japan Tourism Agency Issues IR Proposal Timeline

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PAGCOR’s Andrea Domingo to Present Opening Keynote for G2E Asia @ the Philippines

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PAGCOR chair Andrea Domingo is going to present the opening Keynote for the inaugural G2E Asia @ the Philippines, to be held at Marriott Manila on December 3–4, 2019.

Organisers of G2E Asia revealed that Ms. Domingo would speak at 10 am on December 3, with other speakers including Resorts World Manila’s Chief Gaming Operations Officer Hakan Datas and Melco Resorts & Entertainment’s SVP and Chief Information Officer, Avery Palos.

G2E Asia @ the Philippines is the newest addition to the G2E Asia series of events, held annually in Macau each year since 2007. Focused on the development of emerging ASEAN markets and comprising an exhibition, educational conference, summit and various networking opportunities, G2E Asia @ the Philippines is being held in cooperation with PAGCOR, addressing the land-based and online gaming operators across Asia.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: PAGCOR’s Andrea Domingo to Present Opening Keynote for G2E Asia @ the Philippines

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