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In January this year, Yggdrasil introduced its first title that features the new Splitz mechanic.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).“In a crowded market this simple but highly effective solution drives additional revenue for operators while offering lucky players even bigger win potential....

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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.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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More recently, the Stockholm-headquartered developer scored a strategic Franchise IP licensing agreement with Asian where is spin palace casino located lyrtleader in distributed casino technology and next-generation services, Flow Gaming.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.More recently, the Stockholm-headquartered developer scored a strategic Franchise IP licensing agreement with Asian where is spin palace casino located lyrtleader in distributed casino technology and next-generation services, Flow Gaming....

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Increasing the jackpot pool will help give operators an edge over their competitors in what is an increasingly crowded iGaming market.Close connection:Heathcliff Farrugia, Chief Executive Officer for the MGA, used the press release to declare that he is ‘delighted’ to have signed such an agreement with the FIAU so as to further ensure that the online gaming market in Malta ‘is kept free from crime.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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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.Comprehensive solution:Yggdrasil‘s new comprehensive solution allows its operator partners to add extra funds where is spin palace casino located lyrt-at any time- to local jackpot pools, creating an enhanced offering to players.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....

 

 

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