In exercise of the powers conferred by article 7(2) of the Gaming Act (Cap. 583 of the Laws of Malta), the Malta Gaming Authority (hereinafter “MGA”) is hereby issuing the Amusement Machine Directive (Directive 5 of 2019) in relation to the requirements applicable to amusement machines.
The Malta Gaming Authority (herein after the ‘Authority’) is publishing a guidance note to shed light on how it exercises the discretion afforded to it by law in the selection of the nature and scope of enforcement measures it takes when a breach of law is committed.
The contents are especially noteworthy to licensees, as they lay out in a non-exhaustive manner the circumstances and actions which the Authority gives particular importance to in its decision-making processes, including the interaction between a licensee in breach and the Authority.
Meet us at #SiGMA19 - the World's iGaming Village.
Come and meet us at the MFCC, Malta, between the 27th and 29th November 2019 at Stand no. B60, and get to know how we can help simplify your business needs.
At IGA, we are committed to provide the best possible service to our clients in terms of accuracy, professionalism, reliability and efficiency.
We offer personalized senior international gaming consultations with experience in all sectors of the gaming industry, including, remote gaming, land based Casinos platform providers, Critical supply and Material supply services.
Following the implementation of the first phase of the Sandbox Regulatory Framework as of 1 January 2019, which established the possibility for authorised persons to be allowed to accept Virtual Financial Assets (VFAs) as a means of payment, the Malta Gaming Authority (MGA) is announcing the launch of the second phase of the Framework. During this phase, the MGA will be accepting applications for the use of Innovative Technology Arrangements (ITAs), including Distributed Ledger Technology (DLT) platforms and smart contracts.
The Gambling Commission has instigated a review under s116 of the Gambling Act into EveryMatrix Software Limited (operating licence no 039383-R-319384-021). This followed compliance activity which included examining its customer interaction framework.
Pursuant to section 118(2) Gambling Act 2005 (“the Act”), the Commission has determined to suspend the above operating licence insofar as it pertains to the operator’s ability to offer remote facilities for real event betting other than pool betting or betting on virtual events, and to operate a remote casino. We have not suspended the Licensee’s activities of manufacturing, supplying, installing or adapting gambling software.
The Argentinian province of Buenos Aires recently implemented legislation to regulate online gambling in the country and the industry has already seen a healthy response. It now appears that two more companies are entering the market, hoping to use Argentina as a springboard for further expansion across the country, as well as the rest of South America. Betway and Bet365 have both set up joint ventures with local companies in order to get their feet wet and start their expansion journeys.
Betway, Bet365 ready to launch in ArgentinaBet365 has reportedly joined forces with Pasteko, a local bingo hall operator in Buenos Aires, while Betway teamed up with Bingo King. A third company, Codere LatAm, will work with Iberargen to launch in the country, if approval is given. Codere’s CEO, Aviv Sher, expects Latin America to be the next location for massive growth after Europe and Asia.
Buenos Aires is preparing to approve as many as seven online gambling licenses in the province. Most of the licenses issued are expected to be awarded to joint projects that involve international and local operators.
