iGaming platform and media provider with headquarters in Malta, Gaming Innovation Group (GiG), confirmed on Tuesday that it has taken “a number of steps to limit financial revenue streams reaching both Belarus and Russia in line with European sanctions”.
The EU agreed on historic sanctions against Russia and Belarus in an effort to financially cripple the country as it wages war against neighbouring Ukraine and thousands of Ukrainians flee their homes.
In response several corporations in the iGaming space and outside, have taken action following such sanctions, have also supported staff that are located in Ukraine and refugees at the country’s border.
GiG, via an announcement on its social media page picked up by iGamingCapital.mt, also committed to further aid for refugees, including doubling staff donations to NGOs, organising collections at its locations to be sent to camps, and supporting staff at the borders to help refugees directly with shelter, food, clothes, and supplies.
“The well-being of our people and their people is paramount, and we will continue to support where and however best we can. We are not trying to draw attention to our collective actions for praise – but to encourage others to play their part and gain momentum to end this war as soon as possible.
“In no way are we vilifying the Russian nation, we know many do not agree with what is happening, and we know they are being impacted too – we are however taking action aligned with the European institutions to limit the breaches of human rights taking place and to end this catastrophic war.”
GiG expressed solidarity with all those impacted, directly or indirectly, adding that “as a global entity,” it has a “duty and responsibility to take action in light of such devastation”.
Last week, iGaming Group offered to relocate staff and immediate family who are based in Ukraine, at the company’s own cost, in a show of support, encouraging other firms to take the same steps.
Major companies around the world are also halting services to Russia and Belarus, with Apple announcing it was halting sales in the countries, with services such as Apple Pay and Apple Maps limited.
Today’s action comes just a week after the Commission fined two operators owned by Kindred Group plc a combined £7.2 million (€8.9 million) and is the largest enforcement case taken on by the regulator
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