Tag: Iosif Galea

Bet 90 Sports Limited d/b/a Bet90 in Malta is regulated by MGA and was a venture of the Veltyco cybercrime organization of alleged cybercrime mastermind Uwe Lenhoff and his partner Betim Tasholli. While Lenhoff died in pre-trial detention in the summer of 2020, Tasholli is currently being tried in Germany. The former MGA official Iosif Galeo used to be the director of Bet90 in Malta. Recently, he has arrested in Italy with an EU arrest warrant. Additionally, he is suspected to be part of an MGA-centered corruption racket.

German law and tax enforcement agencies have recently started investigating international iGaming companies operating in Germany. Several MGA-regulated Malta-based iGaming companies received letters from the German tax authorities. iGaming operators are subject to German VAT and sports betting tax if the German market is targeted. Not reporting these taxes is seen as tax evasion and thus a criminal offense and causes liability for the directors such as Iosif Galea. He was arrested!