Tag Archives: MGA

FIAU orders new AML commands on Malta business  

The Malta Gaming Authority (MGA) has warned licensed operators that they are expected to be familiarised with the revised AML Implementing Procedures (IPs) that will be applied by the Financial Intelligence Analysis Unit (FIAU). Last week, the FIAU updated its IPs guidance on AML and compliance duties that are required to be maintained by registered businesses. The revised orders follow …

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TebWin prioritises responsible gambling in QPR partnership

TebWin has become the official betting partner of Queens Park Rangers (QPR) for the 2021/22 season. The collaboration sees the blue and yellow logo displayed around the Kiyan Prince Foundation Stadium along with other promotional material. King J. Entertainment is the marketing company behind the Tebwin.com sportsbook, and Business Manager, Pearl Dougal, commented: “We are delighted to be able to …

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Visan Khaniev: Why the quick Alpha Affiliates scale-up is a consequence of sustainable growth

Alpha Affiliates

Alpha Affiliates is scaling up on a rapid level having passed the 1 million active players mark last year. The company, launched in 2012, continues to expand its presence in the affiliate market, now collaborating with 10,000+ partners all over the world. We spoke to COO Visan Khaniev about all things affiliate marketing, including expansion plans, the tightening of regulations, …

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Malta moves forward with Action Plan to repair its AML status  

The government of Malta has published its action plan to drastically improve AML safeguards and financial compliance duties that have plagued the country’s status as a financial services hub.  The action-plan has been required by the Financial Action Task Force (FATF) of the G7, which this summer placed Malta on its ‘grey-list’ of untrustworthy financial jurisdictions. An FATF evaluation of …

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MGA terminates Evobet licence for compliance and business duty failures

The Malta Gaming Authority (MGA) has disclosed that it has invoked article-10 of its ‘Gaming Compliance and Enforcement Regulations‘ to cancel the licence of Evobet Limited. The cancellation has been effective since 16 July, imposed on Evobet Limited the licence holding business of pan-European online sportsbook and casino brand Evobet.com – that has operated under an MGA licence since 2012. …

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Payment Expert: Malta at crossroads to solve its greylisting conundrums

The decision by the Financial Action Task Force (FATF) to place Malta on a greylist of financially untrustworthy countries has had a major impact on the reputation of companies based there, according to a panel speaking at a recent SBC Webinary. Sharing their views with Joe Streeter, Editor of Payment Expert, Enrico Bradamente, CEO, at Maverick Slots; James Scicluna, Co-Managing Partner at WH Partners; and Yanica Sant of the General Counsel, Malta Gaming …

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EvenBet deal delivers poker boost for Pronet Gaming partners

EvenBet

Pronet Gaming will provide its partner operators with more than 30 different variations of poker, having added EvenBet Gaming’s poker solution to its igaming platform. The deal will also give Pronet access to 24/7 support from EvenBet, API integration and omnichannel solutions, as well as SSL and monthly updates. It also offers Pronet Gaming’s clients the flexibility to choose to …

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MGA streamlines RTP % to allow licensees more flexibility servicing European markets

The Malta Gaming Authority (MGA) has announced that it will streamline all return-to-player % (RTP %) across online and land-based games offered by licensed operators.  The decision will see the MGA lower its existing RTP percentage from 92% to 85% – the regulator’s established threshold for land-based gambling premises.  The MGA stated that its new RTP ratio requirement had been …

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ESA Gaming makes Malta entry following MGA approval

ESA Gaming makes Malta entry following MGA approval

ESA Gaming has continued its expansion into regulated gambling markets after securing a supplier licence from the Malta Gaming Authority (MGA). The MGA licence will allow the supplier to distribute its collection of mobile gaming products, including the EasySwipe portfolio, to a range of new partners. “The accreditation of our products by the MGA marks a very exciting step for …

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MGA appoints Dr Brincat as new CEO

The board of governors of the Malta Gaming Authority (MGA) has confirmed the appointment of Dr Carl Brincat as new Chief Executive Officer with immediate effect.  Brincat replaces former incumbent Heathcliff Farrugia, who declined to renew his tenure as MGA CEO last November after informing the Malta government that he had chosen to work in the private sector.  An expert …

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