Stakelogic Partners with L&L Europe to Expand Its Reach in the UK, Malta, and Sweden
May 26, 2018 Kim Morrison
The Malta Gaming Authority (MGA) has announced that a new united self-exclusion system to be used by all gambling operators who are licensed in this country is on its way, after Maltese Parliament approved the final reading of the new Gaming Act earlier this month.
The regulatory body will take on a more direct and involved supervisory role that will enhance the compliance and enforcement functions to battle the ongoing issues of money laundering and funding of terrorism. MGA will thus be granted new intervention powers and all of the remote gambling licensees will now have to comply to the unified system in regards to players who opt to self-exclude themselves from one operator will not be able to use the services of other operators. They will have a shared database of self-excluded players in order to prevent those players from simply switching to a new casino.
MGA will be looking into a wide range of technical solutions that are going to this new system via public consultation and technical implementation request calls. The system will, at first, be limited to companies active on Malta but could spread to operators licensed in other regions who could subscribe to it voluntarily.
MGA’s Chief Executive Heathcliff Farrugia explains: “The protection of players is at the heart of the MGA’s regulatory agenda, and this project further underlines our resolve to ensure that players have the necessary tools to engage in gaming services responsibly. Over the years we have witnessed efforts from gaming operators to implement various responsible gaming measures, and thus we strongly believe that the unified self-exclusion system will be well received by the industry and consumers alike.”
Source:
“Malta Gaming Authority to Launch a Unified Self-Exclusion System for its Remote Gaming Licensees”, mga.org.mt, May 22, 2018.