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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 brand new feature can be used by iGaming operators to instantly improve a brands’ marketing tools by increasing a jackpot by €50,000, for instance, and following with a campaign on the game.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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”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 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.”...

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In January this year, Yggdrasil introduced its first title that features the new Splitz mechanic.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.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....

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The brand new feature can be used by iGaming operators to instantly improve a brands’ marketing tools by increasing a jackpot by €50,000, for instance, and following with a campaign on the game.”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.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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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’.Increasing the jackpot pool will help give operators an edge over their competitors in what is an increasingly crowded iGaming market.The advanced feature enables prize pools within the provider’s jackpot games to be instantly boosted, for an increase in win potential....