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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).””Segment security:The FIAU is an agency of the Maltese government responsible for collecting, collating and analyzing information with the aim of combating money laundering and terrorism funding....

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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. The deal allows the firm access to Yggdrasil’s comprehensive game development process, the YG platform including its new Game Adaption Tools & Interface (GATI) product, game promotional tools via BOOST, as well as access to YG Masters partners-created content. 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’....

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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 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.’Farrugia’s statement read…“Our relationship with the FIAU has gone from strength to strength, partithebes casino register msvmcularly since the introduction of the European Union’s fourth anti-money laundering directive....

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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 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.Unique feature:In an official press release, Senior Product Strategist for Yggdrasil, Jonas Strandman, said…“Our Jackpot TopUp feature offers an innovative way for operators to incentivize players and further differentiate their offerings....

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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.”Segment security:The FIAU is an agency of the Maltese government responsible for collecting, collating and analyzing information with the aim of combating money laundering and terrorism funding. The deal allows the firm access to Yggdrasil’s comprehensive game development process, the YG platform including its new Game Adaption Tools & Interface (GATI) product, game promotional tools via BOOST, as well as access to YG Masters partners-created content....

 

 

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