MGA seeks to overhaul Malta Gambling Framework

first_img TVBET passes GLI test for five live games in Malta and Italy August 25, 2020 Share Share Soft2Bet continues new market drive with Irokobet launch August 26, 2020 Related Articles Submit StumbleUpon EU research agency demands urgent action on loot box consumer safeguards July 29, 2020 Updating industry stakeholders, the Malta Gaming Authority (MGA) has published a white paper proposing a number of reforms to its national Gaming Legal Framework.The MGA wants to overhaul and repeal all its existing legislation, by streamlining provisions under a ‘singular primary Act of Parliament’ entitled the Gaming Act.Moving forward the MGA would act as ‘the single regulator’ for the gaming/betting sector covering subsidiary legislation, business regulation, industry guidelines and directives.Issuing a corporate statement, MGA governance detailed “The proposed regulatory framework empowers the MGA to be agiler in its decision-making, and decreasing unnecessary regulatory burdens which are not conducive to the regulatory objectives, whilst concurrently strengthening supervision and focusing the regulator’s efforts on the areas which present a higher risk profile.”The MGA believes that by streamlining its national gaming framework, the body will continue to be the ’best-in-class’ regulator for industry operators.  Presenting its white paper the MGA has put forward the following proposal for ‘changing its framework’:The MGA has opened a feedback forum for  contributions/concerns  from interested parties may be sent by email at [email protected]last_img

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