Connect with us

728x90 banner available here

Latest News

The MGA Issues Interim Performance Report for January – June 2022

Published

on

Reading Time: 3 minutes

 

The Malta Gaming Authority has released its Interim Performance Report for the period between January to June 2022. A review of the Authority’s accomplishments for the first half of 2022 is provided in the report, together with a description of the Maltese gaming industry’s performance over the same period. The latter provides a medium-term outlook towards the future, as well as an analysis outlining important statistics for the land-based and online gaming industries.

Supervisory Activities

  • During this period, 16 compliance audits were conducted together with 114 desktop reviews, accompanied by an additional seven AML/CFT compliance examinations that were initiated by the MGA on behalf of the FIAU. Additionally, the Authority issues a warning, cancelled a licence, as well as suspended another authorised entity, following information which emerged from compliance audits, compliance reviews and formal investigations Furthermore, the MGA issued a total of seven administrative penalties as well as two regulatory settlements, with a collective total financial penalty of €85,000.
  • Enforcement measures were also issued by the FIAU to an additional four licensees, ranging from written reprimands to administrative penalties, with an emphasis on remediation measures, based on the breaches identified during examinations carried out in previous years, including by the MGA. In total, these amounted to just over €386,567.
  • Based primarily on reducing the risk of money laundering or funding terrorism, the Fit & Proper Committee determined that four individuals and entities did not meet the Authority’s fit and properness criteria, while an additional two applications were rejected by the Supervisory Council.
  • A total of 626 criminal probity screening checks were undertaken on personnel, shareholders, ultimate beneficial owners, key individuals, employees, and businesses from the land-based and online gambling sectors.
  • In the first half of the year, 22 interviews with prospective money laundering reporting officers (MLROs) and key persons carrying out the AML/CFT function were carried out, with the aim of determining the knowledge and suitability of each candidate.
  • A total of six letters of breach were issued by the MGA’s Commercial Communications Committee (S.L. 583.09), out of which five operators were deemed to have violated the Commercial Communications Regulations.
  • In its efforts to safeguard players and promote responsible gaming, the Authority assisted a total of 2,578 players who requested assistance, covering the majority of the cases received during 2022 and the spillover from 2021.
  • A total of 22 cases of websites having misleading references to the Authority were investigated, while a total of 13 notices were published on the MGA’s website with the aim of preventing the public from falling victim to such scams. Furthermore, an additional 18 responsible gambling website checks were conducted, and five observation letters were issued.

National and International Cooperation

  • Between January and June 2022, a total of 122 alerts on suspicious betting were sent to the industry. Following correspondence of these alerts, the Suspicious Betting Reporting Mechanism received a total of 16 new suspicious betting reports.
  • Enforcement agencies, sports governing bodies, integrity units, and other regulatory authorities made a total of 23 requests for information, specifically in relation to the manipulation of sporting events or violations of sporting regulations. Subsequently, 10 of these requests resulted in the exchange of data. In addition, 278 allegations of suspicious betting from licensees and other interested parties were received.
  • The Authority participated directly in 12 separate investigations into sports rules violations or manipulation of sporting competitions during the time under review. In addition, the Authority also participated indirectly in another investigation.
  • The Authority sent 64 requests for international cooperation, the majority of which related to requests for background checks as part of an authorisation process. Furthermore, the Authority received a total of 36 requests for international collaboration from other regulators.
  • Up to the end of June 2022, a total of 84 official replies were issued, providing feedback on the regulatory good standing of our licensed operators to the relevant authorities asking for this information.
  • In total, during the first six months of the year, the MGA received just over 100 requests for information from other local regulating authorities and governing bodies.

The MGA will publish a full-year industry performance report during the second half of 2023, when it publishes its Annual Report for the financial year ending 31 December 2022.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Continue Reading
Advertisement
Prague Gaming & TECH Summit 2025 (25-26 March)
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Latest News

1spin4win ranks among top 5 providers on SOFTSWISS Game Aggregator by bet sum in H1 2025

Published

on

Reading Time: 2 minutes

The provider’s games continue to show high engagement across the SOFTSWISS Game Aggregator network. This strong performance contributed to 1spin4win’s recognition among the top five providers by bet sum in H1 2025. The achievement highlights the studio’s expertise in creating well-balanced, timeless online slots that consistently resonate with both players and operators.

Today, 1spin4win’s portfolio includes over 150 titles, all supporting multiple fiat currencies and cryptocurrencies. The studio is trusted by a network of 800+ operators, including leading brands like Pin-Up, 1xBet, Mostbet, Rox, BitStarz, LuckyDreams, RocketPlay, and GG.bet. Complementing its extensive game portfolio, 1spin4win offers a comprehensive suite of promotional tools, including Cash & Drops campaigns, pre-releases, free spins, branded games, and discounts, all designed to boost player engagement and drive operator success.

SOFTSWISS is a renowned leader in iGaming software development. One of the company’s key products, the Game Aggregator, currently delivers over 35,000 active games from more than 300 providers. Notably, SOFTSWISS pioneered the introduction of cryptocurrencies to online gaming, allowing operators to offer games to crypto and fiat players.

Olga Hlukhovskaya, Business Development Director at 1spin4win, shared, “As a rapidly-growing classic online slot provider, 1spin4win is genuinely proud of this achievement. This is an important milestone for our team! We would also like to thank SOFTSWISS for consistently expanding the operator network. This allows our games to reach an ever-growing number of casinos.”

Tatyana Kaminskaya, Head of SOFTSWISS Game Aggregator, shared “At SOFTSWISS, we highly value collaborations that help strengthen the entire iGaming ecosystem. Our enduring partnership with 1spin4win is a clear example of how trust, stability, and innovation can bring consistent value to operators and players alike. With the SOFTSWISS Game Aggregator uniting over 35,000 titles and standing as the largest content hub in the industry, we are proud to provide a reliable foundation that supports our partners’ growth.”

About 1spin4win

1spin4win is a fast-growing game provider founded in May 2021 by ambitious developers with over 15 years of experience in the gambling industry. Since its inception, the company has expanded its portfolio to include over 150 classic online slots, all characterized by quality mathematics, transparent mechanics, and well-balanced gameplay — key factors that drive strong player retention. The studio aims to release an average of four new games each month in 2025 and offers effective promotional tools for casino operators to help them enhance player loyalty.

The post 1spin4win ranks among top 5 providers on SOFTSWISS Game Aggregator by bet sum in H1 2025 appeared first on European Gaming Industry News.

Continue Reading

Latest News

Allwyn Launches Player Protection Lab

Published

on

Reading Time: < 1 minute

 

Allwyn, the lottery-led gaming entertainment company, has announced the launch of Allwyn Player Protection Lab, a global responsible gaming initiative aimed at supporting novel research and innovation to advance player safety.

Opening immediately for applications, the programme will support academics and experts working in the field of responsible gaming to explore new ideas, concepts and perspectives. Applicants are encouraged to submit proposals focusing on one of three key areas: digital innovation; using messaging to drive positive play; and developing effective safety tools.

Following the open call for applications, awards will be made for successful projects of up to €100,000, dependent on the scope of the prospective proposal.

The project demonstrates Allwyn’s commitment to developing global leading practice in responsible gaming. The call for applications will ensure Allwyn is casting the widest net and has the best chance to uncover new and interesting approaches to protecting players.

Nicole Garrett, Head of Responsible Gaming at Allwyn, said: “The Player Protection Lab is an exciting new avenue for Allwyn. Our responsible gaming team is seeking proposals that will encourage progress in player safety and break new ground in our industry. We hope that by opening the application process, we will have the opportunity to explore genuinely new ideas and draw lessons from other sectors.”

The call for proposals will run until 14 November.

The post Allwyn Launches Player Protection Lab appeared first on European Gaming Industry News.

Continue Reading

Latest News

Amusnet Goes Live on GoldenPark.es and GoldenPark.pt, Strengthening its Presence in Spain and Portugal

Published

on

Reading Time: < 1 minute

 

Amusnet continues its strategic expansion across Europe by partnering with GoldenPark.es and GoldenPark.pt, two prominent online casino platforms operated by GoldenPark. This live now partnership marks a parallel launch in both Spain and Portugal, bringing a rich portfolio of high-performing games to players in these markets.

“The simultaneous launch of Amusnet games on GoldenPark Spain and Portugal marks another step in our mission to deliver a premium and fully personalized gaming experience. With an increasingly broad and diverse catalog, we remain committed to offering our customers content tailored to their tastes and preferences, further strengthening our dedication to excellence in both markets,” said Víctor Sánchez, Manager of GoldenPark.es and GoldenPark.pt.

“GoldenPark’s commitment to player satisfaction makes them a great partner for Amusnet. We are proud to see our games live on both platforms and confident this partnership will deliver exceptional value to players in Spain and Portugal,” said Edwin Cruz, Managing Director at Amusnet Spain.

This new collaboration enables Amusnet to showcase its commitment to delivering quality entertainment, with a curated selection of slot titles. Players in Spain can now enjoy top-performing titles such as 20 Extra Crown, 20 Golden Coins, Orient Story Deluxe, 100 Power Hot and Secrets of Cairo. Meanwhile, Portuguese players gain access to fan-favourites, including 20 Golden Coins, Cocktail Rush, 100 Power Hot, 7 Crystals and Hot Deco. GoldenPark, with over 40 years of experience, has been active in the Spanish online casino space since 2012. As part of its international growth strategy, the brand expanded into Portugal over two years ago, quickly gaining the trust of local players through a compelling mix of games and excellent customer service.

This partnership further reinforces Amusnet’s growing footprint in Southern Europe, aligning with its goal to collaborate with leading operators of quality, and local relevance.

The post Amusnet Goes Live on GoldenPark.es and GoldenPark.pt, Strengthening its Presence in Spain and Portugal appeared first on European Gaming Industry News.

Continue Reading

Trending

EEGaming.org is part of HIPTHER, parent brand of various prominent news outlets and international conferences. These platforms and events span a wide range of industries, including Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports, and several others. This indicates that EEGaming.org is part of a larger network that focuses on a diverse array of sectors, particularly those related to cutting-edge technology and modern lifestyle trends.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2025 HIPTHER. All Rights Reserved. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.