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Read a statement from the latter Farrugia…“The memorandum of understanding will therefore further strengthen the long-standing excellent relationship and the level of collaboration between the two authorities and demonstrate our commitment and determination in increasing Malta’s effectiveness in combatting money laundering and terrorism financing.The Malta Gaming Authority (MGA) has announced the signing of a memorandum of understanding that has seen it further consolidate its long-standing relationship with the island nation’s Financial Intelligence Analysis Unit (FIAU).Swedish online casino software provider, Yggdrasil Gaming, has revealed Jackpot TopUp, the latest addition to its innovative range of products and one that will further enhance player experience....

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Additional opportunities:The MGA stated that the enhanced union is also set to allow the pair ‘to discuss avenues of further co-operation’ regarding their systems to stamp out money laundering and terrorist financing that could encompass the increased training and assessment of individuals holding ‘key positions’ withing licensed iGaming operators. The watchdog’s Director, Kenneth Farrugia, proclaimed that the improved accord with the MGA will further help the organization to ensure that ‘the highest levels of anti-money laundering and financing of terrorism compliance are applied across the gaming sector’. The Aztec-themed Temple Stacks: Splitz transforms the 3-reel, 5-row slot grid into reels of almost unlimited potential, offering up to 248,832 pay ways....

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The brand new feature can be used by iGaming operators to instantly improve a brands’ marketing tools by increasing a jackpot by €50,000, for instance, and following with a campaign on the game.The iGaming regulator used an official Wednesday press release published by European Gaming Media and Events to detail that the fresh alliance is due to see the two entities work to improve their information sharing capabilities so as to better combat money laundering and the financing of terrorism. The new release features BTG’s renowned Megaways random reel-modifier mechanic along with the Dual Reaction mechanic that splits the main reels in two....

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Flow Gaming franchise deal:Commenting on the strategic deal, Chief Operating Officer for Flow Gaming, Peter van Tuyl, said…“We are very excited to “In a crowded market this simple but highly effective solution drives additional revenue for operators while offering lucky players even bigger win potential.’Farrugia’s statement read…“Our relationship with the FIAU has gone from strength to strength, partiblackjack game explained yxkacularly since the introduction of the European Union’s fourth anti-money laundering directive....

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The watchdog’s Director, Kenneth Farrugia, proclaimed that the improved accord with the MGA will further help the organization to ensure that ‘the highest levels of anti-money laundering and financing of terrorism compliance are applied across the gaming sector’.In January this year, Yggdrasil introduced its first title that features the new Splitz mechanic.Increasing the jackpot pool will help give operators an edge over their competitors in what is an increasingly crowded iGaming market....

 

 

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