New Gaming Act Approved by the Maltese Parliament - Nexia BT

New Gaming Act Approved by the Maltese Parliament

//New Gaming Act Approved by the Maltese Parliament

New Gaming Act Approved by the Maltese Parliament

2018-05-14T05:43:45+00:00 May 11th, 2018|

On the 8th of May 2018, the Maltese Parliament has approved the third and final reading of the Gaming Act (https://parlament.mt/media/93493/bill-31-gaming-bill.pdf).  The Act shall broaden the regulatory scope, and increase the MGA’s oversight to allow, in a proportionate manner, intervention where necessary. The role of Key Official within a licensed entity shall be segmented into various key functions for direct scrutiny and targeted supervision controls. Additionally, the Act has formalised the role of the MGA’s Player Support Unit thus strengthening the player protection framework. New and effective processes for criminal and administrative justice are catered for in the new Act.  Provisions relating to consumer protection standards, responsible gaming measures, reporting of suspicious sports betting transactions and innovation and development.

Further information can be found on the mga website.