Palasino Malta Limited is born
Following two months of collating numerous documents, organising KYC and DD certifications, Palasino Malta Limited was finally awarded status of a registered company in Malta under the registration number of C99645.
Palasino Malta Limited after appointing their three Directors, Mr Colin Chapman Stewart (CEO), Mr Pavel Marsik (CFO) and Mr Steven J. Thornton (Compliance Officer) were registered as a company in Malta on the 8th July 2021. This now allows the company to begin the process of applying for a gaming licence with the Malta Gaming Authority (MGA) for their online casino project which has been in preparation since the beginning of 2021. The process of application will take a further couple of months collating application documentation, negotiating and signing various agreements with 3rd party operators including Casino platform partners, CRM providers, Affiliate partners, Game Service Providers and Payment Providers.
Assisting Palasino Malta during this process will be Kyte Consultants, led by Alan Alden and his team of industry experienced experts. It is hoped that Palasino Malta Limited will be able to launch their product by the end of the year.