The Malta Gaming Authority (MGA) has commenced a closed consultation with key stakeholders to solicit input and feedback on proposed amendments to the financial requirements outlined in the Gaming Authorisations and Compliance Directive.
These proposed modifications are designed to bolster the MGA’s risk-based regulatory approach, addressing industry challenges while enhancing the Authority’s efficiency and regulatory effectiveness.
The amendments aim to ensure that financial regulations remain robust and adaptable to the evolving landscape of the gaming sector.
These proposed amendments follow updates implemented at the start of 2025, where the MGA revised its financial reporting requirements.
Licensees are now required to submit an annual financial report covering their entire 12-month financial year within two months of its conclusion. Additionally, they must provide an interim financial report for the first six months of the year.
Stakeholders are encouraged to provide their feedback on the new proposed changes during the consultation period, which will remain open until 25th April 2025.
For any inquiries or to submit feedback, stakeholders can reach out to the MGA at policy.mga@mga.org.mt.
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