Regulatory Updates
Submission of Audited Financial Statements 2021
The Malta Gaming Authority (“MGA”) is hereby reminding all licensees of the requirement to submit their Audited Financial Statements within one hundred and eighty (180) days from the end of their financial year as stipulated in Article 41 of the Gaming Authorisations and Compliance Directive (Directive 3 of 2018). Moreover, licensees are reminded to ensure […]
Read MoreSystem Documentation Checklist Update
The Malta Gaming Authority is hereby publishing a revised version of the System Documentation Checklist (the ‘Checklist’), which may be accessed below, or in the ‘Downloads’ Section. The revised Checklist builds on the previous version, however it omits any requirements that were inefficient or obsolete. Instead, this checklist focuses more on: The Company Structure The Business […]
Read MoreNotice on the intensifying state of affairs between Russia and Ukraine
With reference to the intensifying state of affairs between Russia and Ukraine, the Malta Gaming Authority (“the Authority”) would like to remind its licensees of their sanctions monitoring obligations under article 17(6) of the National Interest (Enabling Powers) Act and any guidance/directions issued by the Sanctions Monitoring Board (“SMB”). Licensees are particularly reminded of their […]
Read MoreMGA Launches the ‘Personal Portfolio’ in the Licensee Relationship Management System
On 29 November 2021, the Malta Gaming Authority (‘MGA’ or ‘Authority’) will be launching the Personal Portfolio in the Licensee Relationship Management System (‘LRMS’). Users will now be met with two distinct timelines when accessing the LRMS: the ‘Company Portfolio’ and the ‘Personal Portfolio’. As part of the Personal Portfolio implementation, the Personal Declaration Form […]
Read MoreThe MGA Issues Updates to the Gaming Authorisations and Compliance Directive & Key Function Eligibility Criteria Policy
The Malta Gaming Authority is hereby publishing a series of amendments to the Gaming Authorisations and Compliance Directive (Directive 3 of 2018). The amendments mainly relate to the following: The overall number of key function roles and their underlying responsibilities; The deadlines by when certain key function requirements are to be observed; The persons who […]
Read MoreThe MGA streamlines the Return to Player percentage applicable to both remote and land-based sectors
The Authority is publishing amendments to Article 22 of the Player Protection Directive (Directive 2 of 2018) (the ‘Directive’) in order to streamline the minimum Return to Player (‘RTP’) percentage applicable to licensees across all sectors. The amendment consists in the lowering of the existing minimum RTP percentage (applicable to operators offering their games online) […]
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