The Malta Gaming Authority (MGA) and the UK Gambling Commission (UKGC) have formalised their cooperation through a Memorandum of Understanding (MoU), marking a significant step in their collaborative efforts to regulate the gaming sector.

The agreement focuses on enhancing the exchange of information and intelligence between the two regulators to better safeguard consumers, prevent criminal activity, and protect vulnerable players from gambling-related harm.

Both authorities recognise the increasingly global nature of the industry, and therefore the critical importance of cross-collaboration. By sharing best practices through the MoU, the MGA and the UKGC aim to strengthen their respective regulatory frameworks and address common challenges more efficiently.

Commenting on the MoU, UKGC CEO Andrew Rhodes remarked: “We welcome this agreement as a sign of our continued collaboration between the MGA and the UKGC. We’ve been working closely for some time now, and following our successful visit this summer, it is only fitting that we formalise our working relationship.”

MGA CEO Charles Mizzi emphasised that: “Our longstanding informal collaboration with the UKGC has already delivered meaningful outcomes, and the formalisation of this cooperation is definitely a step in the right direction. In line with our regulatory objectives, we are confident that such collaboration will allow us to address common challenges more effectively, allowing us to continuously improve on the effectiveness of our processes and framework.”

Andrew Rhodes further added: “We are keen to continue strengthening our efforts to raise standards across the industry, tackling common challenges such as illegal gambling, while also exploring future collaboration, including initiatives like shadowing and addressing key issues in areas like AML and sports betting integrity.”

Continue Reading

Malta-based VIDEOSLOTS to become Immense Group

10 December 2024
by Helena Grech

To pave the way for future growth, the company and its affiliated entities are consolidating all its consumer brands under the Immense Group umbrella in Malta

Demand for marketing, tech roles within Malta’s iGaming industry top the list

4 December 2024
by Nicole Zammit

A new report highlights the challenges of aligning education with industry needs and sustaining sector growth

BGaming awarded Peru supplier licence

28 November 2024
by Helena Grech

The licence also opens up more opportunities for BGaming to expand its business and strengthen its position in the wider LatAm region

Thriving in the iGaming industry: Opportunities, career growth and success tips

14 November 2024
by iGamingCapital.mt

In the rapidly expanding iGaming landscape, recruitment agencies with specialised expertise, such as Exacta Solutions, play a pivotal role in helping employers grow their teams

See more