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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.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.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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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.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).’Farrugia’s statement read…“Our relationship with the FIAU has gone from strength to strength, partireal online cas ino slots xitbcularly since the introduction of the European Union’s fourth anti-money laundering directive....

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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 advanced feature enables prize pools within the provider’s jackpot games to be instantly boosted, for an increase in win potential.“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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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.’Farrugia’s statement read…“Our relationship with the FIAU has gone from strength to strength, partireal online cas ino slots xitbcularly since the introduction of the European Union’s fourth anti-money laundering directive. The deal allows the firm access to Yggdrasil’s comprehensive game development process, the YG platform including its new Game Adaption Tools & Interface (GATI) product, game promotional tools via BOOST, as well as access to YG Masters partners-created content....