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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Finland Police Board investigates illegal marketing practices
Finland’s National Police Board is investigating a Malta-licensed operator charged with undertaking ‘large-scale marketing campaigns’ to illegally target national consumers and breaching gambling laws. The unnamed operator is charged with “aggressively marketing gambling games to mainland Finland residents using multichannel strategies”. The illegal campaign is alleged to have sent text message promotions to minors, with marketing appearing on Finnish-language affiliate …
Read More »Altenar continues Balkan expansion with BetMarket
Altenar has strengthened its B2B supplier presence in the Balkans by partnering with Bulgarian operator BetMarket to redevelop its sportsbook and igaming offering. BetMarket already has an existing relationship with Altenar, which has serviced the Bulgarian operator’s prop markets and virtual sports offering. BetMarket, which started as a bingo and slot games operator in 1997, has steadily grown its sports …
Read More »Coolbet set to leave Ontario market just one year after entry
Coolbet has announced it will be leaving the Ontario market next month after entering the newly regulated region last April under an iGaming Ontario (iGO) licence. The online sports betting and casino brand of GAN had previously been available to residents via a licence from the Malta Gaming Authority (MGA), but has now confirmed that it will pull out of …
Read More »Malta Gaming Authority supports BWF Integrity Unit in data sharing deal
The Malta Gaming Authority (MGA) has announced a data sharing partnership with the The Badminton World Federation (BWF) Integrity Unit. Looking to demonstrate the BWF Integrity Unit’s commitment to a ‘clean and fair sport’, the agreement has been recognised as a key component of the badminton’s monitoring of suspicious betting activity. “I am very pleased to see the Badminton World …
Read More »MGA issues April deadline for licensable games to secure ‘Recognition Notices’
The Malta Gambling Authority (MGA) has called for all ‘unrecognised’ game suppliers/distributors “to come forward and self-report their administrative non-compliance” by 14 April 2023. The demand has been summoned as the regulator seeks to address all entities offering ‘licensable games’ in-or-from Malta without its due authorisation. Game Authorisations provided by the Malta Gaming Act allow for businesses to offer licensable …
Read More »MGA updates player protection duties for B2C operators
The Malta Gaming Authority (MGA) has revamped its Player Protection Directive, adopting new safe, sustainable and responsible measures of paramount importance. Changes have been applied following feedback received through its dedicated consultation process, the amendments made by the authority will require licensees to monitor selected markers of harm when creating procedures to detect and address instances of problem gambling. The Authority …
Read More »MGA seeks guidance on policy development of Virtual Assets
The Malta Gaming Authority (MGA) requires stakeholder guidance on its proposed policy related to its Innovative Technology Arrangements (ITAs), and the acceptance of Virtual Financial Assets (VFAs) and Virtual Tokens. Guidance is required as the MGA plans to introduce new policies that will develop and strengthen its regulatory stance on the acceptance of VFAs and virtual tokens. Furthermore, the Authority …
Read More »MGA fires public warning on unlicensed operators
The Malta Gaming Authority (MGA) has stated that it has become aware of ‘unauthorised remote operators’ targeting Maltese consumers offering illegal online gambling services. The MGA has issued a statement in which it listed 18 websites as “operating illegally within Malta”. The list included the website of Casinowin.bet, OlympusPlay.com, ThePokies.net and Jbag888.com. “The Authority hereby informs the public that these …
Read More »MGA opens consultation on Player Protections Directive
The Malta Gaming Authority (MGA) has launched a ‘closed consultation’ seeking feedback from licensees on proposed amendments to its ‘Player Protection Directive’. Feedback is required to strengthen and clarify the MGA’s current player protection framework as an essential directive of the Authority’s work and oversight regulating online gambling services. Completed research will be made available in the “eventual publication of …
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