Tag Archives: MGA

Malta NRA notes igaming AML improvements but stresses financial flow monitoring 

SBC News 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. …

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Charles Mizzi to take over from Carl Brincat as MGA CEO

SBC News 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 …

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Payhound: Reliability as a trust forming factor in the cryptocurrency space

SBC News 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 …

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MGA’s Rachel Bezzina to chair GREF AML Working Group

SBC News 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 …

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MGA launches dedicated ESG Code for online gambling

SBC News 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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MGA begins CEO hunt as Carl Brincat confirms 2024 exit

SBC News MGA begins CEO hunt as Carl Brincat confirms 2024 exit

The Malta Gaming Authority (MGA) has formally announced that Carl Brincat will conclude his tenure as CEO in January 2024.  The announcement sees the MGA undertake an executive search to find Brincat’s successor, who has led the Maltese authority since January 2021 proceeding former CEO Heathcliff Farrugia. Prior to serving as CEO, Brincat held several prominent roles within the MGA’s …

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CasinoReviews.com launches ThePogg powered ADR service

SBC News CasinoReviews.com launches ThePogg powered ADR service

CasinoReviews.com has announced the ‘first-phase’ launch of its new compliant management system, available to users of its player community.  The complaints service has been designed by igaming media pioneer ThePogg, under its new ownership by Blexr Media. Established in 2011, ThePogg has been long recognised as a leading destination for customer settlement of disputes with igaming operators, via its Alternative …

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Malta MGA suspends licence of insolvent Tipster.de

SBC News Malta MGA suspends licence of insolvent Tipster.de

The Malta Gaming Authority (MGA) has suspended the licence of German sportsbook operator Tipster Limited (Tipster.de), effective from 27 June 2023.  The suspension comes under the stipulations of ‘regulation 8’ of Malta’s Gaming Compliance and Enforcement Regulations, which deems Tipster can no longer carry out its licensee duties.  Tipster will no longer be authorised to carry out online gaming services …

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Malta approves Bill 55 against foreign liability of igaming sector

SBC News Malta approves Bill 55 against foreign liability of igaming sector

The Parliament of Malta has approved the passage of Bill.55, that will allow Maltese courts to refuse the recognition and enforcement of foreign judgements related to the online gambling sector. Tabled on 24 April 2023, Bill 55 ‘Gaming Amendment Bill’ has been sponsored by Hon. Silvio Schembri MP Minister for the Economy and European Funds. The Bill has now been …

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UKGC allows Videoslots to pay £2m for repeat LCCP failings  

SBC News UKGC allows Videoslots to pay £2m for repeat LCCP failings  

The UK Gambling Commission (UKGC) has allowed the Malta-based online casino group, Videoslots Limited, to pay a £2m regulatory settlement for breaches in regulatory compliance. This settlement follows the UKGC’s investigation into Videoslots, which focused on the company’s failure to match its LCCP duties from October 2019 to February 2022. The operator was found to have failed to implement AML …

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