LeoVegas AB has confirmed the inbound appointment of Carl Brincat, former Chief Executive of the Malta Gaming Authority (MGA), as the new Director of Policy and Regulatory Affairs. Joining in August, Brincat will form part of LeoVegas’ regulatory compliance team led by Chief Legal Officer (CLO) Abby Cosgrave. An expert in all disciplines related to igaming policies, licensing, and the …
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St8 delivers global expansion plans with MGA approval
The Malta Gaming Authority (MGA) has granted a recognition notice to St8.io as the content aggregator continues its global expansion plans. St8 will now be able to provide its platform within the MGA’s framework, marking the latest step in the aggregator’s rapid growth since launching less than two years ago. St8.io CEO, Vladimir Negine, commented: “Receiving this approval from the …
Read More »Betby provides sportsbook solution to Winnerz following MGA approval
Betby has announced a partnership with Winnerz to provide its sportsbook solution and proprietary esports feed solution to the Estonian online casino brand. The long-term deal follows the provider’s approval earlier this year from the Malta Gaming Authority (MGA). This allows Betby to provide its esports odds feed – consisting of pre-match and live odds, round-the-clock content coverage, statistics hub, …
Read More »MGA revokes Tipbet licence with immediate effect
The Malta Gaming Authority (MGA) has revoked the licence of Tipbet Limited with immediate effect. On 20 May, the MGA cancelled the licence authorisation of Tipbet Limited, reference MGA/B2C/303/2015. Founded in 1995, Tipbet is one of the oldest online sports betting firms, with its headquarters in Gzira, Malta. TipBet operates as a pan-European operator with a presence in the markets …
Read More »MGA: Malta MLROs require deeper training on nuanced AML threats
The Malta Gaming Authority (MGA) has recognized that, although licensees have a sound understanding of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regulations, there are still significant gaps that need addressing to maintain a risk-based approach to financial threats. This observation stems from the completion of a thematic review of Malta’s remote gambling sector by the MGA …
Read More »Malta NRA notes igaming AML improvements but stresses financial flow monitoring
The government of Malta has detailed that it has strengthened policy and compliance in the gambling sector to minimize exposure to threats and vulnerabilities stemming from money laundering (ML) and terrorist financing (TF). Measures were outlined by the ‘National Risk Assessment (NRA) on Money Laundering (ML) and Funding for Terrorism (TF)‘, a review of financial risks across Malta’s business sectors. …
Read More »Charles Mizzi to take over from Carl Brincat as MGA CEO
The Malta Gaming Authority (MGA) has announced that Charles Mizzi will succeed Carl Brincat as CEO. Effective from 26 January 2024, the appointment follows the public call issued on 30 October this year, and the selection process which ensued thereafter. Mizzi will be shadowing Brincat throughout January to ‘ensure a smooth transition’ at the helm of the Authority. Minister for …
Read More »Payhound: Reliability as a trust forming factor in the cryptocurrency space
Speaking to SBC, Payhound’s Managing Director Elton Dimech revealed why his company puts an emphasis on reliability and stability rather than market disruption when it comes to leaving a mark in the crypto space. SBC: For those of our audience unfamiliar with Payhound, give us an introduction to the brand and its key offerings. Elton Dimech: Payhound has emerged as …
Read More »MGA’s Rachel Bezzina to chair GREF AML Working Group
The Gambling Regulators European Forum (GREF) has appointed Rachel Bezzina, AML Manager of the Malta Gaming Authority (MGA), to co-chair its newly established AML Working Group. Rachel Bezzina will co-chair the Working Group alongside Christophe Vidal, the Chief Coordinator of AML and Fraud Monitoring for l’Autorité Nationale des Jeux (ANJ) – France’s National Gambling Authority. GREF is a forum for …
Read More »MGA launches dedicated ESG Code for online gambling
The Malta Gaming Authority (MGA) has announced a landmark initiative, becoming the first regulatory authority to introduce an Environmental, Social, and Governance (ESG) Code of Good Practice specifically designed for the online gambling sector. Hosting a press conference, MGA leadership cited: “The ESG Code seeks to serve as an instrument for self-regulation, helping remote gaming companies align with best practices …
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