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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. to debut exclusively at Leo Vegas via the Relax Gaming Network.The advanced feature enables prize pools within the provider’s jackpot games to be instantly boosted, for an increase in win potential....

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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.“In a crowded market this simple but highly effective solution drives additional revenue for operators while offering lucky players even bigger win potential. 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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Due to the nature of our roles, we are in regular contact, also conducting joint supervision on MGA-licensed entities.”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.In January this year, Yggdrasil introduced its first title that features the new Splitz mechanic....