The Malta Gaming Authority (MGA) has confirmed that it has signed a Memorandum of Understanding (MoU) with the Financial Intelligence Analysis Unit (FIAU). The MoU will specifically focus on improving the sharing of information on the areas related to the supervision of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT), provided for by the Prevention of Money Laundering …
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The Malta Gaming Authority (MGA) has confirmed that it will be ‘increasing industry outreach’ to ensure that all licensees are compliant with regulatory expectations during the ongoing COVID-19 pandemic. The regulator has suggested that the widespread cancellation of sporting events across the globe will encourage operators to bet on products offering ‘different risk profiles to those traditionally offered’. The MGA …
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The Malta Gaming Authority (MGA) has announced that incumbent The Daily Fantasy Football Company LTD has lost its capacity to operate wagering services within its jurisdiction, terminating its licence. As of last week, the company could no longer carry out operations, register new players or accept new customer deposits. Nevertheless, the firm is required to provide all registered players with access …
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Sports betting and casino platform provider Digitain has been granted a B2B Critical Gaming Supply Licence from the Malta Gaming Authority (MGA), expanding its presence across the European market. The new licence will allow Digitain to supply a wide array of Tier 1 B2C operators across Malta, as well as extending its global player reach. Digitain will also be authorised …
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The Malta Gaming Authority (MGA) has revealed that it had issued 13 licence refusals between January and June 2019 as confirmed in its interim performance report. The report reviews the performance of the MGA, highlighting major projects undertaken during the first six months of the year. It revealed that six of the 13 licence refusals were issued at onboarding and …
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Multi-tenant B2B sports betting software provider Metric Gaming has been given the green light to expand into Malta after gaining a Class 4 licence from the country’s regulator. The licence will allow Metric Gaming to distribute its products and services to customers operating from across Malta after gaining the approval of the Malta Gaming Authority (MGA). Speaking about the successful …
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In a bid to prevent match-fixing and corruption within football, the Malta Gaming Authority (MGA) has teamed up with the Malta Football Association to share data and information on suspicious betting activities. The partnership, which came into effect on 5 December, will ensure that both parties will have access to all necessary data to carry out their regulatory obligations. MGA …
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The Malta Gaming Authority (MGA) has continued its crackdown on operators in breach of the country’s gaming laws after it confirmed it has cancelled Sports Fantech’s B2C gaming licence with immediate effect. Under the new ruling, Sports Fantech will no longer be permitted to carry out any gaming operations, register new players or accept new customer deposits. However, the regulator …
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