Maltese Parliament gives the green light to new Gaming Act

11 May 2018

Gaming-ActThe final part of the new Gaming Act was approved on the 8th of May by the Maltese Parliament. The Malta Gaming Authority is expected to see numerous and noteworthy benefits from the Act. Firstly, its role as a supervisor and regulator will be strengthened, making it better equipped to secure stricter compliance of all MGA license holders with the board's rules on money-laundering and financial backing of terrorism activities.

In addition, the new framework will also extend the regulatory influence of MGA along with its ability to interfere when the framework is breached. Operators licensed at MGA will go through increased security investigations and controls. Meanwhile, a more meticulous set of guidelines will be introduced to elevate player protection through MGA's Player Support Unit, which will act as the intermediary between players and operators. Several other parameters are going to be implemented towards more accurate handling of vital areas such as consumer protection, responsible gaming, and monitoring of fixed betting or "fishy" transactions.

The new Gaming Act is currently being evaluated by the Technical Regulation Information System to ensure it's aligned with the European Union Directive 2015/1535. If all things go well the new framework will be put into full effect on July 1st 2018 for online gaming operators and on January 1st 2019 for brick-and-mortar casinos. MGA's CEO Heathcliff Farrugia noted that the new laws constitute a major step forward towards reducing criminal behavior in online gaming and safeguarding compliance of all licensees as well as increased player protection.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

Kaizen Gaming has signed a deal with the website optimisation company LeanConvert to enhance its on-site player conversion and UX disciplines across i...

Read more »

Betfair introduced its sports betting exchange to the Italian market aiming at expanding its betting offering in the country. However, the Italian gov...

Read more »

Entain has made an offer to acquire the Baltic operator Enlabs putting on the table $341.6m. This offer means that Εntain (formerly known as GVC Holdi...

Read more »

The Malta Gaming Authority (MGA) is willing to appoint a new chief executive. In its job post, MGA stated that it’s looking for a “dynamic, passionate...

Read more »

William Hill has announced the acquisition of Alfabet S.A.S., a Colombian gambling operator. The globally known betting company William Hill stated th...

Read more »

Russia’s online bookies have received a postponement from the proposed regulatory changes; hoping that the government will change its mind regarding t...

Read more »

The ATP Tour has lifted the two-year ban on men’s tennis tournaments signing deals with sports betting operators. The ATP Tour reached the decision to...

Read more »

The Spanish minister of Consumer Affairs, Alberto Garzón, is about to start a public consultation on a new draft Royal Decree designed to make the cou...

Read more »

Skrill and Neteller have informed sportsbooks that they will not be processing online gambling payments in Norway anymore. Both e-wallets will stop ac...

Read more »

Swiss gambling regulators, the Eidgenössische Spielbankenkommission (ESBK) and the Swiss Lottery and Betting Board (Comlot) have blacklisted another 4...

Read more »

Latest Betting Offers