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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).“In a crowded market this simple but highly effective solution drives additional revenue for operators while offering lucky players even bigger win potential.”Segment security:The FIAU is an agency of the Maltese government responsible for collecting, collating and analyzing information with the aim of combating money laundering and terrorism funding....


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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.Close connection:Heathcliff Farrugia, Chief Executive Officer for the MGA, used the press release to declare that he is ‘delighted’ to have signed such an agreement with the FIAU so as to further ensure that the online gaming market in Malta ‘is kept free from crime. 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’....


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Flow Gaming franchise deal:Commenting on the strategic deal, Chief Operating Officer for Flow Gaming, Peter van Tuyl, said…“We are very excited to 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.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....