I find some statements in this documentary a bit strange. First of all, it is suggested that the murder of journalist Daphne Caruana Galizia was commissioned by Online Casinos and sports betting providers. However, the journalist's research went in all directions.
In the documentary it is suggested that Malta does not act against organized crime and even supports it. At the same time, however, Arab extended families operate numerous betting stores in Germany for their money laundering activities. To open such a betting store, one needs a certificate of good conduct (as it was also mentioned in this documentary). Tipico cannot do more than request a certificate of good conduct, the origin of funds and proof of identity from franchisees. If these documents are available and the certificate of good conduct is clean, then a license can be granted.
At this point, one should ask why such highly criminal individuals still have a clean criminal record in Germany. Is it possibly due to the lax prosecution in this country?
I think if you draw a comparison between Germany and Malta, German betting stores, gambling houses, shisha bars, etc. are much more riddled with organized crime than the IGaming industry in Malta.
My experience is that if you want to open a business account in Malta, you have to strip down to your bare bottom. And even then you have to wait several months until the account is opened - if you get one at all. Such accounts will be closed as soon as you make the slightest mistake (like withdrawing too much cash). Every receipt of money has to be declared and if you receive money from a country outside the EU, you can expect an apocalyptic paper war. If you have even a small entry somewhere because of a minor offense, you have as a foreigner here a big problem with company formations.
But where there is a will, there is a way. No system is perfect and it will never be possible to completely prevent criminals from muddling through here and there. That's how it is in Germany (especially Germany), that's how it is in Malta and the rest of the world. In comparison, however, I estimate from personal experience that it is much easier to set up a business for money laundering purposes in Germany than in Malta.
"Criminal operators at Tipico & Co? | CTRL_F"
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DiamondDonut
It is true that there were a few online casinos that were infiltrated by the Italian mafia. However, these were closed down: https://timesofmalta.com/articles/view/malta-based-gaming-firms-in-new-anti-mafia-inquiry.695255
In the documentary it is suggested that Malta does not act against organized crime and even supports it. At the same time, however, Arab extended families operate numerous betting stores in Germany for their money laundering activities. To open such a betting store, one needs a certificate of good conduct (as it was also mentioned in this documentary). Tipico cannot do more than request a certificate of good conduct, the origin of funds and proof of identity from franchisees. If these documents are available and the certificate of good conduct is clean, then a license can be granted.
At this point, one should ask why such highly criminal individuals still have a clean criminal record in Germany. Is it possibly due to the lax prosecution in this country?
I think if you draw a comparison between Germany and Malta, German betting stores, gambling houses, shisha bars, etc. are much more riddled with organized crime than the IGaming industry in Malta.
My experience is that if you want to open a business account in Malta, you have to strip down to your bare bottom. And even then you have to wait several months until the account is opened - if you get one at all. Such accounts will be closed as soon as you make the slightest mistake (like withdrawing too much cash). Every receipt of money has to be declared and if you receive money from a country outside the EU, you can expect an apocalyptic paper war. If you have even a small entry somewhere because of a minor offense, you have as a foreigner here a big problem with company formations.
But where there is a will, there is a way. No system is perfect and it will never be possible to completely prevent criminals from muddling through here and there. That's how it is in Germany (especially Germany), that's how it is in Malta and the rest of the world. In comparison, however, I estimate from personal experience that it is much easier to set up a business for money laundering purposes in Germany than in Malta.
Another statement that p**sed us off was the alleged hiding of IGaming companies in Malta and the letterbox company story. We drove all over Malta and took pictures and Christoph wrote a really good and readable article about it, see: https://www.gamblejoe.com/news/strg-f-ergaenzung-glucksspielanbieter-auf-malta-gefunden/
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