The Gaming industry has evolved from the static structure of brick and mortar casinos to the innovation of iGaming that relies on cutting edge technologies in order to increase player interactivity and make it possible for gaming to be available anytime and anywhere. Considering it to be a revolution rather than evolution, more and more casino players prefer playing from the comfort of the home to visiting a traditional casino. On the negative side, these developments have led to new challenges when it comes to defining the conceptual legal parameters. As a result, regulators are increasingly recognizing the importance of having an effective legislative framework and corporate structure than enables them to face new challenges head-on. For instance, Malta is one of the most reputable jurisdictions in the iGaming Industry thanks to the Malta Gaming Authority. So without further ado, let’s find out what are the aims and objectives of the authority and what it has to offer in the near future.
Malta Gaming Authority
The main mission of the Malta Gaming Authority is to regulate competently the various sectors of the gaming industry by ensuring gaming is fair and transparent to players. Preventing crime, corruption, money laundering and protecting the minor and vulnerable players is of immense importance as far as the Malta Gaming Authority is concerned. The authority has proven to consistently protect the interests of consumers by raising standards within the gaming sector on an international level. What is more, the MGA strives to adapt Malta’s gaming regulatory framework to evolving market needs while aiming for excellence at the same time. Therefore, the licenses granted by the Malta Gaming Authority are highly regarded as being totally legit and recognized all around the world. Generally speaking, should a particular online casino operator happen to hold a license from the MGA, you can be certain it is trustworthy, safe and secure. What is more, there are many advantages to holding a license from the MGA. These include perks such as player protection, fair gaming, separation of player’s funds and accountability for the operator. This means that under no circumstances will you have a negative gaming experience, as far as the legal perspective is concerned, when playing at an MGA-licensed online casino operator.
MGA & FIAU Webinar Coming
The Malta Gaming Authority is undoubtedly an authority which wants to provide all the necessary information in order to fully grasp the concept of the iGaming Industry. No one can dispute the fact that many developments have taken place, meaning that it is of paramount importance to be up to date with the latest trends. As a result, the MGA is hosting a fascinating webinar in partnership with FIAU which will discuss important issues you should be aware of. The Malta Gaming Authority and the FIAU are organizing a webinar entitled, “The Revised Implementing Procedures of the Remote Gaming Sector- What are the major changes?” next month. During the webinar, MGA and FIAU officials shall be discussing the key changes brought about by the amendments made in July 2020 to the Implementing Procedures II for the remote gaming sector. The special focus of the event will be on corporate licensees and gaming operators which make use of physical establishment so as to extend their customer reach. Sounds thought-provoking, doesn’t it? If you are interested in taking part in the webinar, save October 9th on your calendar and tell your friends that you will be busy from 14:00 to 15:30 (GMT +2). Below you can see the agenda of the event.
14:00 – 14:05 – Introduction to the Webinar, Speakers & Agenda briefing
14:05 – 14:25 – Risk factors & Revisions made to CDD
14:25 – 14:40 – Application of CDD Measures
14:40 – 14:50 – Reporting Suspicious Activity & Transactions
14:50 – 15:00 – Corporate Licences
15:00 – 15:30 – Q&As
The Malta Gaming Authority has proven to protect players around the globe since its creation in 2001. Being totally responsible in the world of online gambling, the MGA aims to provide players with a fair and transparent online playing experience. Besides, corruption and manipulation play no part. For that reason, you can rest assured that your personal and financial information will be flawlessly protected if you are playing at a casino regulated by the MGA. Some of these brands include names such as Wildz Casino, Playzee Casino and Kassu Casino. Nevertheless, rest assured that this list is not conclusive, meaning that there is an abundance of operators which holds a license from the Malta Gaming Authority. Last but certainly not least, if the authority managed to provoke an interest in the way it operates and how it remained successful and reputable during the years, make sure you sign up for its webinars. These will expand your knowledge on different topics regarding the iGaming Industry and thus we wholeheartedly recommend you to secure your place. As usual, we advise you to always play responsibly and we wish you a bit of good luck and amazing winnings.
Finally, you can still take advantage of our overall listing of the best online casinos, currently, on the market, so do not miss this exciting opportunity.