Skip to main content
110% Deposit Bonus from mBit

Malta Enforces New Gaming Act Affecting Remote Gambling Operators

The Maltese government started to enforce the country’s new Gaming Act of 2018—which would unite several gambling regulatory laws into one—on August 1.

Online casino players could witness some changes in their favorite Malta-based gambling hubs. Since August 1, 2018, the new Gaming Act of 2018 took effect on Malta’s remote gaming operators, weeks after the country’s parliament passed the third and final reading of the new gaming regulations on May 9 of the same year.

New Rules in Effect

According to the Malta Gaming Authority (MGA), the new Act would “elevate the jurisdictional profile of Malta from a regulatory perspective” by reinforcing MGA’s supervisory powers, including rules concerning anti-money laundering and combating the funding of terrorism (AML/CFT) efforts. In addition, the Act covers rules related to dubious sports betting transactions and match-fixing.

The Gaming Act provided rules protecting the vulnerable from gambling. For one, the Act strictly prohibits operators from offering, enticing, or inducing a minor—anyone below the age of 18—into participating in any form of betting service.

In addition, the appointed minister for the gaming sector would establish parameters and conditions for safeguarding at-risk and problem gamblers from further harm.

Moreover, the Gaming Act places full responsibility of protecting player funds to the gambling operators and third parties involved following Malta’s Player Protection Regulations of 2018 and other applicable laws.

Silvio Schembri, parliamentary secretary for the Financial Services, Digital Economy, & Innovation, said:

“I would like to thank the MGA for moving the regulatory agenda for gaming services forward, as well as for identifying areas for further and continuous improvement. The MGA will periodically review the regulatory performance of the sector and the framework itself and will advise Government on the attainment of its objectives mainly focusing on consumer protection and integrity.”

Operators failing to adhere to these and other provisions of the Act could be fined as much as €1 million, up to six years’ imprisonment, or both. Likewise, the Act declares devices, machines, and money used or will be used to commit offenses would be forfeited in favor of the MGA.

| Related: Argentine Court Hands First Conviction Related to Illegal Gambling

Slight Delay on Enforcement

The new Gaming Act would overhaul the legal framework relating to gambling. Moreover, the act will replace and unite the existing Lotteries and Other Games Act, the Remote Gaming Regulations of 2014, and the Skill Games Regulations of 2016.

Heathcliff Farrugia, MGA’s CEO, said:

“Today marks one of the most important in the history of the MGA. Years of hard work finally come to fruition. I would like to thank all those involved in making the new regulatory framework a reality, in particular my predecessor [Mr.] Joseph Cuschieri for the foresight to initiate this project. Parliamentary Secretary… Schembri and the Maltese Government at large for their ongoing support and commitment, and especially the MGA’s personnel for their relentless work in developing and implementing the new legal regime.”

Sec. Schembri stated in March:

“The Government wants to ensure that the gaming industry continues to be run responsibly, fairly and free from criminal activity, so that the Maltese jurisdiction provides a safe and well regulated environment where the industry can also develop and innovate.”

Before member states could enforce a new information services-related law, it must first go through the Technical Regulation Information System process in accordance to the Directive of the European Union (EU) 2015/1535 “laying down a procedure for the provision of information in the field of technical regulations and of rules on Information Society services.”

Following European Union-mandated laws pushed the originally scheduled enforcement of the Gambling Act on remote casinos from July 16 to more than two weeks later, the Act will cover land-based casinos starting January 2019.

Meanwhile, game developer Stakelogic is setting up an office in Malta in order to reach the markets in the Mediterranean island nation, as well as those in Sweden, Denmark, the United Kingdom and further afield.

| Related: Gambling Bill to Tighten Regulations in South Africa

Stake Simple Signup, Instant Withdrawals and Exclusive VIP Benefits

LATEST CASINO NEWS & INTERVIEWS


News

LevelUp Casino Adds More Games, Upgrades Bonuses and Payment Systems

December 2, 2021

Now is the best time to play at LevelUp as new games and payment methods have been added, with bonuses better than ever!

2 New Crypto Casinos Have Shut Down

November 29, 2021

Bitcoin casinos Crypto1Casino and TropicalBit24 Casino will no longer be operational, just a few months after their launch.

Begin Your Wild Adventure and Get up to 3.5 BTC + 400FS at WildCoins Casino

November 25, 2021

WildCoins Casino is your next best destination when it comes to crypto gaming. And the exciting experience begins when new players become a member of our growing community.

Interviews

Interview with Eman Pulis, Founder of SiGMA

July 14, 2020

We had the opportunity to talk to Eman Pulis, founder of SiGMA, a highly-successful iGaming expo and conference home to 14000 attendees and 500 exhibitors.

Interview with Gregor Rozic, Sales Manager at GameART

July 7, 2020

We’ve had the opportunity to talk to GameART Sales Manager Gregor Rozic, who has 10 years of experience in online gaming on casino and poker content.

Interview with Magnus Leppäniemi, VP of Marketing & Head of Esports at Esports Entertainment Group

June 30, 2020

We had the opportunity to talk to Magnus Leppäniemi, VP of Marketing & Head of Esports at Esports Entertainment Group and member of Vie.gg Advisory board.

CHOOSE CASINOS NOW
Your Message

    Enter Code
    captcha

    LEAVE A MESSAGE
    RESET PASSWORD

    Please enter your email address:

    LOGIN TO BBC
    No account yet? Register here
    Forgot Password? Click here
    JOIN US NOW
    Already have an account? Login
    Forgot Password? Click here