Tag Archives: Malta MGA

MGA states zero tolerance approach to crisis marketing

The Malta Gaming Authority (MGA) has reminded all licensed incumbents of their duties in ensuring that ‘responsible commercial communications’ are thoroughly maintained during the ongoing global COVID-19 crisis. Writing to operators, the MGA demanded that that responsible communications and engagements are upheld with consumers who have been forced into lockdown or isolation by their national governments. It said: “We remind …

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Malta MGA follows UKGC lead suspending Stakers.com

The Malta Gaming Authority (MGA) follows the UK Gambling Commission (UKGC) in suspending the B2C licence of incumbent Stakers Limited, operator of Stakers.com Issuing a statement on 10 March, the MGA declared an immediate ‘enforced suspension’ of Stakers licence, prohibiting the operator from servicing any wagering activities under its jurisdiction. “Stakers Limited is thus no longer authorised to carry out …

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MGA establishes new Committee to monitor advertising standards

The Malta Gaming Authority (MGA) has strengthened its advertising compliance capacity by establishing a new ‘Commercial Communications Committee’ (Committee). The Committee has been formed to support the MGA, making sure that licensed incumbents adhere to the advertising guidelines set by the MGA’s ‘Gaming Commercial Communication Regulations’ policy. Bolstering provisions, the MGA has published a 30-point checklist for licensed operators offering guidance …

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Brexit concerns see bet365 migrate Gibraltar operations to Malta

Leading online bookmaker bet365, one of the biggest employers in Gibraltar, is reported to have sanctioned a multi-million relocation project to migrate its staff to Malta. Issuing a statement, bet365 management has confirmed that it has undertaken relocating ‘certain functionalities’ to Malta as part of its ‘strategic and contingency plans to ensure EU market access’. bet365 maintains its operations unit …

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EGBA – Lotteritilsynet punitive actions prove that Norway needs gambling reform

The executive of pan-national industry trade body – the ‘European Gaming & Betting Association – EGBA’, has accused Norway’s gambling authority Lotteritilsynet of regulatory over-reach for demanding that national banks block payments deemed to correspond with online gambling transactions. EGBA governance reacts to weekend news reports that Lotteritilsynet is actively targeting the restriction of payments of six Malta MGA licensed operators …

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Tougher Malta MGA suspends trio of licencees

Acting as the principal regulatory body responsible for monitoring Malta igaming industry incumbents’ actions both home and abroad, the ‘Malta Gaming Authority -MGA’ has announced a trio of licensee suspensions. Issuing a series of industry updates, the MGA confirms that it has moved to suspend the licences of German/Turkish online bookmaker Betixx Limited, alongside Silema–based industry games developer Morpheus Games …

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mybet closes sportsbook portal to secure player accounts

Embattled Frankfurt Xetra-listed online betting group mybet SE has shut down its flagship mybet.com portal, seeking to ‘protect the interests of its customers and creditors’. On August 17, mybet governance communicated that it had entered ‘open insolvency proceedings’, following its failure to sell the company to an undisclosed investor. This week, mybet governance closed all active B2C portals, informing customers …

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BetConstruct secures Malta MGA class I accreditation

Updating the market, industry technology and software provider BetConstruct has confirmed that its services and operations have been granted two ‘Class I licences’ by the Malta Gaming Authority (MGA). The approved MGA C1 licences will allow BetConstruct, to expand its casino and games services and technology provisions for licensed Maltese operators, servicing European-wide igaming markets. Further to its update, BetConstruct …

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EU warns member states to get tough on gambling AML compliance

Toughening up European laws and practices against money laundering and organised crimes, the European Union may force bookmakers to implement ID-checks on customers that wager more than €2000. The tougher provisions form part of the EU-wide anti-money laundering directive, aimed at minimising terror organisations and criminal gangs’ ability to launder money through legitimate enterprises. The EU Council had previously warned …

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