Tag Archives: MGA

Malta implements new ‘Gaming Act’ strengthening player protections & AML Codes

The Maltese Parliament and Chamber of Commerce has approved and implemented the framework of its newly revised ‘Gaming Act’, coming into effect today. The act will establish a new industry anti-money laundering code, alongside further improvements to Malta gambling incumbents’ player protection standards and responsibilities. Furthermore, the Gaming Act has been revised to strengthen the Malta Gaming Authority’s (MGA) position …

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EU ‘detailed opinion’ delays Malta’s revised Gaming Act

Updating the market, The Malta Gaming Authority (MGA) has informed that it will delay the introduction of its revised Gaming Act until 1 August 2018. The authority details that a ‘EU member state’ has submitted a detailed opinion to the European Council in relation to its Gaming Act’s legislative mandate, which the MGA will review. ‘This Detailed Opinion has extended …

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Malta moves to power-up MGA with Gaming Act revamp

Malta’s Parliament has approved new provisions to be added to its national ‘Gaming Act’, which will move to strengthen the Maltese Gaming Authority‘s powers to enforce industry compliance, standards and regulatory guidelines on gambling/betting stakeholders. The revision of Gaming Act, will deliver a new regulatory mandate for Malta gambling enterprises to adhere to, primarily focusing on strengthening the industry’s anti-money-laundering …

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Joseph Cuschieri to depart as Malta MGA Chairman

The Times of Malta has reported that Malta Gaming Authority (MGA) Executive Chairman Joseph Cuschieri will be leaving the gambling regulator to become the first Chief Executive of Malta’s Financial Services Authority (MFSA). The appointment of Cuschieri as MFSA CEO is reported to have been personally requested by Malta Prime Minister Joseph Muscat, with the authority restructuring its operations to …

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Oulala continues expansion with Marsbet deal

Marsbet - Copyright: efks / 123RF Stock Photo

Oulala has signed a deal which will see its football management game integrated into Marsbet’s iGaming platform. The daily fantasy sports provider has signed the first ever agreement between a licensed B2B skill game operator and an iGaming company, with Oulala providing its game across the Marsbet group. Benjamin Carlotti, Managing Director of Oulala, said:  “We warmly welcome Marsbet as …

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‘Next Chapter’…Malta MGA licence approval sees Sportito target Germany

Daily fantasy sports operator Sportito has accelerated its international expansion by securing a Malta Gaming Authority (MGA) ‘Online Gambling Licence’. Having gained Malta MGA approval, Sportito confirms that it will now push to launch its DFS services for the German market. Sportito expands its European licensing provisions, which further includes a UK Gambling Commission operator licence secured in 2016. Following …

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MGA seeks to overhaul Malta Gambling Framework

Updating industry stakeholders, the Malta Gaming Authority (MGA) has published a white paper proposing a number of reforms to its national Gaming Legal Framework. The MGA wants to overhaul and repeal all its existing legislation, by streamlining provisions under a ‘singular primary Act of Parliament’ entitled the Gaming Act. Moving forward the MGA would act as ‘the single regulator’ for …

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Malta MGA wants industry stakeholders to get smart on new EU-wide anti-money laundering rules.

Issuing a market update, the Malta Gaming Authority (MGA) has published a joint industry consultation with the Financial Intelligence Analysis Unit (FIAU) detailing forthcoming changes to EU-wide business policy relating to ‘anti-money laundering and combatting the funding of terrorism (AML/CFT) requirements’. The document highlights provisions set by the European Parliament and Council on new regulations relating to the prevention of …

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MGA and ESIC sign Memorandum of Understanding

Copyright: gajus / 123RF Stock Photo

It has been announced today that the Malta Gaming Authority (MGA) has entered into a collaborative Memorandum of Understanding (MoU) with the Esports Integrity Coalition (ESIC).  This move which is ‘in the interests of protecting and maintaining the integrity of esports and esports betting’ is another step in the right direction by ESIC. ESIC has been amassing regulated and official partners throughout esports in …

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Ganapati reaches company milestone with Class 4 Malta licence

Slot - Copyright: welcomia / 123RF Stock Photo

Ganapati Malta can make its Japanese-themed slots available to Malta-licensed operators, after being awarded a Class 4 licence by the Malta Gaming Authority (MGA). The online-focused casino supplier, which has developed a portfolio of games including CrypBattle and She Ninja Suzu, is also going through the licensing process in the UK, with further plans to expand across regulated markets worldwide. …

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