The Malta Gaming Authority (MGA) has agreed to a Memorandum of Understanding (MoU) with the island’s police force in a move to minimise illegal gambling activities in the industry. The MoU, which will see the MGA and the police collaborate with one another, will place an emphasis upon the exchange of information regarding gaming operations as well as information on …
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MGA implements first phase of its Sandbox Framework
The Maltese Gaming Authority (MGA) has launched the first of its two-phase Sandbox Framework for the acceptance of Virtual Financial Assets (VFA) and the use of Distributed Ledger Technology (DLT) within the gaming industry. During the initial phase, the MGA will accept applications for the use of DLT Assets, directly or via third party service providers, by its respective licensees. …
Read More »Malta MGA launches new mandatory ADR player dispute scheme
Continuing to overhaul its online gambling licensing frameworks, The Malta Gaming Authority (MGA) has this week announced the launch of its Alternative Dispute Resolution (ADR) scheme directive. In place from 3 December 2018, the ADR scheme seeks to support online gambling consumers with reliable and consistent procedures and processes for challenging MGA licensed operators on matters relating to disputes, transactions …
Read More »Regulators unite to tackle video game skins and loot boxes
Global gambling regulators have joined forces in an attempt to address concerns over the “blurred lines between gambling and video games”. Also stressing issues regarding skins and loot boxes in such titles, fifteen gambling regulators from across Europe, in addition to the Washington State Gambling Commission, have signed an agreement to address the risks. A pledge to tackle “unlicensed third-party …
Read More »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 …
Read More »Heathcliff Farrugia unveiled as new Malta Gaming Authority CEO
The Malta Gaming Authority has appointed Heathcliff Farrugia as its new Chief Executive Officer with effect from 24th April. He succeeds Joseph Cuschieri who earlier this month was appointed Chief Executive Officer of the Malta Financial Services Authority. Farrugia joined the Gaming Authority as Chief Operations Officer in 2014, and was instrumental in the transformation process which the Authority underwent. …
Read More »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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