Compliance Updates

The most recent compliance updates of the online and land based gaming industry in the European Union, Asia, Russia and Americas

mga-issues-interim-performance-report-for-january-to-june-2023

MGA Issues Interim Performance Report for January to June 2023

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Reading Time: 3 minutes   The Malta Gaming Authority (MGA) has released its Interim Performance Report for the period between January and June 2023. The report provides a review of the Authority’s accomplishments for the first half of 2023, together with a description of the Maltese gaming industry’s performance over the same period. The latter…

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EGBA Expresses Concern Over New Italian Decree Reorganising Online Gambling License Fees

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Reading Time: < 1 minute   The European Gaming and Betting Association (EGBA) has expressed concerns over Italy’s decree on online gambling. The decree is currently being discussed by the Council of Ministers and would trigger a reorganisation of the gambling sector if passed. This would include changes to the licence fees, the introduction of…

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Tangiamo Receives Loto-Quebec Jurisdictional Certification

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  Tangiamo Touch Technology AB announced that it has received the final jurisdictional certification for Loto-Quebec. This milestone marks a significant achievement for Tangiamo, enabling the installation of the MultiPLAY Roulette gaming tables at Montreal Casino, the largest casino in Canada, and other casinos in the Quebec province. Chris Steele, CEO of Tangiamo, said: “This…

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UKGC: New Consultations on Financial Penalties and Ownership Reporting

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Reading Time: < 1 minute   The UK Gambling Commission has launched a new set of consultations as part of its ongoing work to ensure effective regulation. The consultations, which will run for 13 weeks, will cover financial penalties and financial key event reporting. Financial penalties If operators breach regulatory rules one possible action following…

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Charles Mizzi Appointed as MGA CEO

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Reading Time: 2 minutes   The Board of Governors of the Malta Gaming Authority has selected Charles Mizzi to succeed Carl Brincat as Chief Executive Officer of the MGA, with effect from 26 January 2024, in terms of article 6(2)(a) of the Gaming Act (Cap. 583 of the Laws of Malta). The appointment follows the…

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Denmark to Phase Out 1000-Krone Banknote by May 2025

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Reading Time: < 1 minute Denmarks National Bank has recently announced that they will phase out the 1000-krone banknote. Among other things, the 1000-krone banknote will be phased out with a view to combating and preventing money laundering. The 1000-krone banknote will not become invalid until 31 May 2025. The police expect that the criminals…

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