End 2 End awarded MGA licence
End 2 End, part of NeoGames and Aspire Global’s network, has been awarded a licence from the Malta Gaming Authority (MGA).
A bingo multiplayer provider, End 2 End is now in a position to provide its platform to MGA-licensed operators.
Alongside its MGA licence, End 2 End is licensed to supply its bingo solutions in all of Great Britain, the Netherlands, Portugal, Denmark and Colombia.
End 2 End offers both 90 and 75 bingo variants to its licensed clients, and makes solutions to support several features and promotions.
Its products are also designed to be rolled out on multiple channels through one integration.
End 2 End CEO and Founder Alejandro Revich said: “The Malta Gaming Authority is one of the most trusted regulators in the industry and it’s a proud moment for us to receive our licence. It caps off an excellent year for the business and sets us up perfectly for a strong 2023.”
Recently, NeoGames released its Q3 report, which highlighted a 418% rise in revenue year-on-year.
The spike in revenue totalled $62.2m for Q3 2022 – compared to the $12m it posted last year.
Furthermore, NeoGames’ NPI revenue totalled $11.1m, up from $8.3m in the prior-year period, while adjusted EBITDA of $17.6m represented a significant 135% bounce on 2021’s $7.5m.
When looking at the year so far, NeoGames continues to show rapid growth, with revenue at $96.4m for 2022 – $58.2m more than the $38.2m posted for the same period in 2021.
Meanwhile, Aspire Global has received a fine from the Gambling Commission (GC) for anti-money laundering (AML) failures.
The GC fined Aspire Global £237,600 ($285,107) after finding it guilty of white-label AML failures.
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