Compliance Updates

MGA: Update to Process for Addition of New Game Provider/s

Published

5 months ago

June 21, 2024

MGA: Update to Process for Addition of New Game Provider/s

Reading Time: 2 minutes

The Malta Gaming Authority (MGA) would like to notify all Licensees of some changes to the addition of new Game Providers notification process. As from 1 August 2024, notifications of new Game Providers, submitted through the Licensee Portal via a ‘Technical – Change in Game Type/Provider’ application, need to be accompanied by the below documentation/information:

The updated Key Technical setup and Essential Components documentation*.
The updated Specifications of the Gaming System documentation*.
A Declaration provided by a Key Person or a Director of the Licensee covering the following requirements:

The formal name of the Game Provider, and the respective Authorisation Number (Licence Number/Recognition Notice Certificate Reference Number);
The Services being offered by the Game Provider, including the Game Types and Verticals pertaining to the new games being offered;
Any Jackpot details, including the type of jackpot that shall be offered, and the relevant jackpot policy if applicable;
A confirmation that any relevant documentation has been updated, including the Business Risk Assessment (if applicable).**

If the Licensee shall be integrating with various Game Providers, a separate Declaration per Game Provider would need to be submitted, by uploading the various Declarations in the Enclosures page within the same application. The Declaration/s should also include any further pertinent information to be notified to the Authority. If the above information is not included within the application, such an application shall be deemed to be incomplete, and will be set to a one-time ‘Incomplete’ status. Following this, unless the application is fully submitted within sixty (60) days, it will be closed off automatically and the Authority would not be able to process the new Game Provider/s.

Although the agreement(s) between the Licensee and the Game Providers are not required when a Declaration is submitted, the Authority shall still reserve the right to request the agreement(s) between the parties, if and when deemed necessary.

* If the integration with the third-party game provider(s) does not necessitate any changes to the technical documentation or to the gaming system specifications, the Licensee can submit a declaration attesting that no changes to the mentioned documentation will be required.

** In line with the Implementing Procedures, the Licensee is reminded to update the Business Risk Assessment whenever new game providers are added, based on the risk exposure, to determine how any additional related risks can be mitigated to an acceptable level following the integration.

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Compliance Updates

Aviatrix lands in the Netherlands

Published

13 hours ago

November 8, 2024

George Miller

Reading Time: < 1 minute

Aviatrix, the award-winning crash game, has received its certification in the Netherlands, meaning Dutch players can enjoy the popular title for the first time.

The certification in the Netherlands opens up yet another important regulated market for Aviatrix, which was recently named ‘Game of the Year’ at the EGR Operator Awards 2024.

Gross gaming revenue in the Netherlands hit €1.39 billion in 2023, and is expected to continue to grow over the coming years.

Dutch operators will now be able to capture this growth via Aviatrix’s innovative title, which is proving hugely popular in regulated markets worldwide.

Anastasia Rimskaya, Chief Account Officer at Aviatrix, said: “The Netherlands has been on our radar for some time, so this is a big day for us here at Aviatrix. We can’t wait to see Dutch players enjoying the title, and we will be working closely with some very special partners in the Netherlands to ensure this game is widely available very soon.”

Part of what makes Aviatrix so successful is the constant updates to the game, which keeps it fresh and exciting for players.

This has included a full redesign with new, 3D assets, as well as a first-of-its-kind free bets function via in-game promo codes.

Compliance Updates

Comtrade Gaming Receives UKGC Approval to Distribute Gaming Content

Published

13 hours ago

November 8, 2024

Niji Narayan

Comtrade Gaming Receives UKGC Approval to Distribute Gaming Content

Reading Time: < 1 minute

Comtrade Gaming has obtained a supplier license from the UK Gambling Commission (UKGC). Players in the UK can now enjoy a variety of games from Comtrade Gaming’s portfolio, including the latest Witch Crash’d, Pilot Piggy, Sweet Treasures, Wild Minner, Diamond King, Diamonds in the Sky, White Elephant and many more.

“This is a significant achievement for Comtrade Gaming. The UK market is a core part of our growth strategy, and this license allows us to bring our games to more operators and players. We’re excited to work with all operators in the UK market and provide a unique gaming experience for their audiences,” said Steven Valentine, Chief Commercial Officer.

This milestone marks a pivotal step for Comtrade Gaming as it continues to grow within regulated markets and reach new players globally.

Compliance Updates

Spillemyndigheden: Anti-Money Laundering: Screening of Sanctions Lists

Published

13 hours ago

November 8, 2024

Niji Narayan

Reading Time: < 1 minute

Gambling operators must comply with the EU’s sanctions regarding freezing of assets. Freezing of assets means that it is prohibited to make funds and assets directly or indirectly available to individuals who are subject to the EU’s sanctions.

Freezing of assets must take effect immediately when an individual, business or organisation is added to a list of sanctions. Consequently, a gambling operator must screen their costumers in accordance with the existing and updated lists.

The EU keeps several sanctions lists that are updated regularly. Therefore, the EU has created a database, EU Sanctions Map, which includes all current sanctions lists concerning anti-money laundering. The map can also be used to search across the lists. Individuals, businesses and organisations that are subject to a requirement for freezing of assets is marked with a frost symbol.

In addition to the individuals listed in the EU regulations, gambling operators are also obligated to ensure that the operator’s customers do not appear from the UN’s consolidated asset freeze list. The list is available on the Danish Business Authority’s website: UN’s freezing of assets list.

Gambling operators are responsible for ensuring that funds are not made available to a sanctioned individual – for example by paying out winnings. Please note that breaches of sanctions adopted by the EU or UN may be punishable by fine or imprisonment.

See more information on sanctions and asset freeze on the Danish Business Authority’s website, where a guide on freezing of assets is also available.