As Malta’s most reliable corporate services provider specialising in iGaming Services, IGA Group Ltd has come a long way since Director Mario Fiorini founded the company and Alexia Panzavecchia incorporated it in 2017.
Now, having moved from Sliema to new, spacious offices in Birkirkara to accommodate its growing team, IGA Group also recently received two prestigious iGaming industry awards from SiGMA: Best Gaming Consultancy of the Year 2021 and Best Corporate Service Provider of the Year 2022.
With more than 430 completed projects, IGA Group is today a one-stop-shop for companies across the gaming sector, providing the best possible service to clients to maximise the potential of their businesses.
“Our expertise covers the whole spectrum of operator activities across the gaming sphere, including gaming licensing, corporate services, AML/CFT & MLRO, compliance, tax and legal, accounting, technology, training, company formation, real estate, mergers and acquisitions, among a host of other services,” explains Ms Panzavecchia, IGA’s Head of Corporate and Compliance Regulations. “We also provide expert advice in the field of online payments and the acquisition of financial and electronic money licences, assisting gaming operators in structuring the ideal payments solution for both their business and their players.”
Further service expansion into corporate and private investigations is also on the horizon for the Group following her completion of a related degree next year, she goes on: “Alongside my role at IGA, I am now also in the final year of a BA (Hons) Criminology degree at the University of Malta – a dream bucket list item for me – and I hope to continue my studies with a further PhD following that. This will bring new expertise and add an extra service layer at IGA, particularly regarding AML,” she shares.
While proudly maintaining IGA’s top service standards, Ms Panzavecchia’s packed daily schedule also includes lectures and family life – although she admits that she has always thrived on working hard to learn and grow throughout her career. “I have always aimed high, studying the tough courses to push my projections,” she recalls. “I worked in catering while studying for my A-Levels, then in purchasing, in an executive role in the accountancy field and, finally engaging in the gaming industry, as an Accounts Executive. From Human Resources I became a key official in the company beforemoving into my present role at IGA.”
At IGA Group, her role as Head of Corporate and Compliance Regulations is critical in the support and coordination of the organisation, as well as delivering on its signature high standards. “I am responsible for safeguarding the integrity and efficiency of company-wide information, administration and governance systems and procedures,” she says. “While I ensure my team can offer the best service to our highly esteemed clients, my role also means I must look inward to the internal operations of the company, overseeing human resources, finance, risk, legal and compliance functions, as well asensuring policies are effective, consistent and in-line with the intentions of the company.”
In fact, IGA Group’s mission and vision is integral to Ms Panzavecchia’s overall approach, which centres around making each client’s business journey as smooth as possible and creating a unique, bespoke experience. To realise the Group’s commitment to this top level of service, the team channels its years in the industry, diverse expertise and extensive network of contacts into providing ongoing support and best-in-class solutions for the iGaming sector, both locally and internationally.
It is a philosophy that also extends to her leadership approach: “Our team is the most dedicated and knowledgeable in the industry with more than 15 years in the field, offering clients a 360-degree experience. Internally, we try to provide the best support to our employees and help them develop their career path, in an inclusive and multicultural environment. We make sure to celebrate their accomplishments much as we do for those of our clients – our team drives the company’s success, after all. If someone does not feel motivated to deliver, they will not deliver.”
While IGA boasts a 10-person team in Malta including Ms Panzavecchia and Mr Fiorini, the Group also has an office in Cyprus to meet the local demand for iGaming corporate services and the flood of compliance opportunities from companies hoping to incorporate within the region.
“Thanks to its favourable tax system offering as low as 2.5 per cent tax and its IP Box – a corporate tax regime to incentivise research and development activities by offering lower taxes on revenues derived from qualified intellectual property assets – Cyprus is increasingly attracting gaming companies to its shores,” she explains. “The country’s banking system is solid, its authorities approachable, its schools and education system effective, its weather welcoming and its infrastructure constantly evolving – much like Malta in every aspect. However, Malta has always been at the forefront of the global iGaming industry, with a range of mature expertise on the island and a robust regulatory framework in terms of gaming.”
With so many benefits of Cyprus as a gaming jurisdiction mirroring Malta’s, IGA Group plans to continue its expansion, both in terms of personnel and the company’s service network, to others. “As well as further expansion internationally, our plans at IGA Group include the launch of additional focused services related to the gaming industry that are not currently available on the market,” she reveals.
“We also look forward to once again joining the SiGMA Europe 2022 Expo this November in Malta, where we will exhibit right next to the Malta Gaming Authority stand, available to welcome anyone who wishes to meet us in person and receive an initial consultation. Joining gaming industry-oriented expos worldwide enables us to live our mission: to engage with our clients of both today and tomorrow and build a relationship with them that will help power their businesses for years to come.”
For more information about IGA Group Ltd, visit www.igagroup.com.
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