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The iGaming regulator used an official Wednesday press release published by European Gaming Media and Events to detail that the fresh alliance is due to see the two entities work to improve their information sharing capabilities so as to better combat money laundering and the financing of terrorism. Due to the nature of our roles, we are in regular contact, also conducting joint supervision on MGA-licensed entities.In January this year, Yggdrasil introduced its first title that features the new Splitz mechanic....
The iGaming regulator used an official Wednesday press release published by European Gaming Media and Events to detail that the fresh alliance is due to see the two entities work to improve their information sharing capabilities so as to better combat money laundering and the financing of terrorism. The watchdog’s Director, Kenneth Farrugia, proclaimed that the improved accord with the MGA will further help the organization to ensure that ‘the highest levels of anti-money laundering and financing of terrorism compliance are applied across the gaming sector’. The new release features BTG’s renowned Megaways random reel-modifier mechanic along with the Dual Reaction mechanic that splits the main reels in two....
Read a statement from the latter Farrugia…“The memorandum of understanding will therefore further strengthen the long-standing excellent relationship and the level of collaboration between the two authorities and demonstrate our commitment and determination in increasing Malta’s effectiveness in combatting money laundering and terrorism financing.The Malta Gaming Authority (MGA) has announced the signing of a memorandum of understanding that has seen it further consolidate its long-standing relationship with the island nation’s Financial Intelligence Analysis Unit (FIAU).’Farrugia’s statement read…“Our relationship with the FIAU has gone from strength to strength, particaesar slots how to cash out dnaccularly since the introduction of the European Union’s fourth anti-money laundering directive....
More recently, the Stockholm-headquartered developer scored a strategic Franchise IP licensing agreement with Asian caesar slots how to cash out dnacleader in distributed casino technology and next-generation services, Flow Gaming.”The Cherry AB subsidiary offers a comprehensive suite of “best performing local jackpot games,” including Ozwin’s Jackpot, Holmes & the Stolen Stones, Doctor Fortuno and the adventure-themed title, Jackpot Raiders, as well as its progressive jackpot offerings Empire Fortunes and Joker Millions.In January this year, Yggdrasil introduced its first title that features the new Splitz mechanic....
to debut exclusively at Leo Vegas via the Relax Gaming Network.Increasing the jackpot pool will help give operators an edge over their competitors in what is an increasingly crowded iGaming market.Additional opportunities:The MGA stated that the enhanced union is also set to allow the pair ‘to discuss avenues of further co-operation’ regarding their systems to stamp out money laundering and terrorist financing that could encompass the increased training and assessment of individuals holding ‘key positions’ withing licensed iGaming operators....
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