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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).The brand new feature can be used by iGaming operators to instantly improve a brands’ marketing tools by increasing a jackpot by €50,000, for instance, and following with a campaign on the game.”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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Due to the nature of our roles, we are in regular contact, also conducting joint supervision on MGA-licensed entities.Increasing the jackpot pool will help give operators an edge over their competitors in what is an increasingly crowded iGaming market.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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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.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.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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