Tag Archives: MGA

MGA terminates Evobet licence for compliance and business duty failures

SBC News MGA terminates Evobet licence for compliance and business duty failures

The Malta Gaming Authority (MGA) has disclosed that it has invoked article-10 of its ‘Gaming Compliance and Enforcement Regulations‘ to cancel the licence of Evobet Limited. The cancellation has been effective since 16 July, imposed on Evobet Limited the licence holding business of pan-European online sportsbook and casino brand Evobet.com – that has operated under an MGA licence since 2012. …

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Payment Expert: Malta at crossroads to solve its greylisting conundrums

SBC News Payment Expert: Malta at crossroads to solve its greylisting conundrums

The decision by the Financial Action Task Force (FATF) to place Malta on a greylist of financially untrustworthy countries has had a major impact on the reputation of companies based there, according to a panel speaking at a recent SBC Webinary. Sharing their views with Joe Streeter, Editor of Payment Expert, Enrico Bradamente, CEO, at Maverick Slots; James Scicluna, Co-Managing Partner at WH Partners; and Yanica Sant of the General Counsel, Malta Gaming …

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EvenBet deal delivers poker boost for Pronet Gaming partners

EvenBet

Pronet Gaming will provide its partner operators with more than 30 different variations of poker, having added EvenBet Gaming’s poker solution to its igaming platform. The deal will also give Pronet access to 24/7 support from EvenBet, API integration and omnichannel solutions, as well as SSL and monthly updates. It also offers Pronet Gaming’s clients the flexibility to choose to …

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MGA streamlines RTP % to allow licensees more flexibility servicing European markets

SBC News MGA streamlines RTP % to allow licensees more flexibility servicing European markets

The Malta Gaming Authority (MGA) has announced that it will streamline all return-to-player % (RTP %) across online and land-based games offered by licensed operators.  The decision will see the MGA lower its existing RTP percentage from 92% to 85% – the regulator’s established threshold for land-based gambling premises.  The MGA stated that its new RTP ratio requirement had been …

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ESA Gaming makes Malta entry following MGA approval

ESA Gaming makes Malta entry following MGA approval

ESA Gaming has continued its expansion into regulated gambling markets after securing a supplier licence from the Malta Gaming Authority (MGA). The MGA licence will allow the supplier to distribute its collection of mobile gaming products, including the EasySwipe portfolio, to a range of new partners. “The accreditation of our products by the MGA marks a very exciting step for …

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MGA appoints Dr Brincat as new CEO

SBC News MGA appoints Dr Brincat as new CEO

The board of governors of the Malta Gaming Authority (MGA) has confirmed the appointment of Dr Carl Brincat as new Chief Executive Officer with immediate effect.  Brincat replaces former incumbent Heathcliff Farrugia, who declined to renew his tenure as MGA CEO last November after informing the Malta government that he had chosen to work in the private sector.  An expert …

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MGA reminds licensees of their sports integrity duties

SBC News MGA reminds licensees of their sports integrity duties

The Malta Gaming Authority (MGA) has reminded all licensed sports betting operators of their duties to submit and document suspicious betting reports from 1 January 2021. The B2C obligation forms part of the MGA’s revamp of Malta’s ‘Gaming Act’ undertaken during 2018, which saw the regulator amend its criteria for gaming authorisations and strengthen its compliance directives. From 2021 onwards, …

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Malta FIAU publishes key stats on suspicious transactions related to online gambling

SBC News Malta FIAU publishes key stats on suspicious transactions related to online gambling

Malta’s Financial Intelligence Analysis Unit (FIAU) has published its ‘intelligence factsheet’ providing an overview of ‘suspicious transaction reports’ (STRs) submitted by Malta Gaming Authority (MGA) licensees in 2019. The FIAU is a Malta government central agency tasked with the collection, processing and analysis of data and intelligence with a view to combating money laundering and the funding of terrorism. Under …

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MGA launches first phase of new integrity monitoring system 

SBC News MGA launches first phase of new integrity monitoring system 

The Malta Gaming Authority (MGA) has beta launched its new online platform which will allow B2C licensed sports betting operators to report suspicious betting activities to its new ‘sports integrity monitoring unit’.  The launch of the platform forms part of the MGA’s 2020 roadmap, in which the regulatory agency has expanded its technical solutions and systems which monitor online gambling …

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ANJ and KSA sign cooperation pact on market integrity issues

SBC News ANJ and KSA sign cooperation pact on market integrity issues

L’Autorité Nationale des Jeux (ANJ), French gambling’s new unified regulatory agency, has signed a ‘cross border cooperation agreement’ with Netherlands counterpart  Kansspelautoriteit (KSA) on issues related to market integrity. The agreement signed by ANJ Director-General Isabelle Falque-Pierrotin and KSA Chairman René Jansen will see the regulatory bodies share data and best practices in strategic areas related to money laundering, operator …

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