711 appointed Avshalom Lazar chief executive of 711 Malta Limited, where he will establish the subsidiary and pursue a Malta Gaming Authority licence. The group said he will also work with its chief executive on international strategy; 711 has a Belgian licence and plans to enter further markets.
Lazar’s appointment places responsibility for establishing 711’s Maltese operation and seeking its licence with a named executive.
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KSA warned 711 over requiring some customers to wager deposits before withdrawing funds. The operator said it imposed the conditions to prevent money laundering. According to the report, 711 took measures to prevent recurrence, and KSA warned that further breaches could trigger sanctions.
Online operator 711 received a warning from the Dutch Gambling Authority (KSA) regarding a practice the regulator called “undesirable,” in which certain customers had to wager deposited money before they could take it out. The KSA said it opened talks with the company right away, stating: “We find 711’s working method very undesirable and therefore immediately entered into discussions with the company.”
Gaming1 agreed to acquire all shares in Pac-Man NV, the parent company of Carousel Group, for an undisclosed sum. Once completed, the deal will give Gaming1 control of Pac-Man NV’s Belgian licence and digital operations; the company said no employees will transfer.
Gaming1 announced on 23 September that it had acquired all shares in Pac-Man NV, the company behind its long-term partner Carousel Group. Gaming1 said it is integrating Carousel’s activities immediately; the transaction does not include any employee transfers.
Bragg Gaming Group withdrew its 2026 financial guidance after revenue for the three months ended 30 June fell 12% year on year to €22.9 million. Adjusted EBITDA was €3.5 million, while net loss widened to €2.9 million. The company said it withdrew its outlook because it lacked sufficient operating history for the combined business following its Drayton International acquisition.
711 Group said on Monday that its Malta subsidiary, 711 Malta Limited, had received a licence from the Malta Gaming Authority. The company said it would provide details later about the launch of 711casino.com, including its available markets and games.