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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). to debut exclusively at Leo Vegas via the Relax Gaming Network. Due to the nature of our roles, we are in regular contact, also conducting joint supervision on MGA-licensed entities....

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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’. Due to the nature of our roles, we are in regular contact, also conducting joint supervision on MGA-licensed entities.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....

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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....

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Increasing the jackpot pool will help give operators an edge over their competitors in what is an increasingly crowded iGaming market.’Farrugia’s statement read…“Our relationship with the FIAU has gone from strength to strength, partiplanet 7 cas ino lobby aifbcularly since the introduction of the European Union’s fourth anti-money laundering directive.Swedish online casino software provider, Yggdrasil Gaming, has revealed Jackpot TopUp, the latest addition to its innovative range of products and one that will further enhance player experience....

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The deal allows the firm access to Yggdrasil’s comprehensive game development process, the YG platform including its new Game Adaption Tools & Interface (GATI) product, game promotional tools via BOOST, as well as access to YG Masters partners-created content.”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.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....