MGA and UK Gambling Commission discuss responsible gambling, sports betting integrity, and AML efforts
The MGA and the UK Gambling Commission have engaged in discussions concerning collaboration in responsible gambling, sports betting integrity, and anti-money laundering efforts
The Malta Gaming Authority (MGA) and the UK Gambling Commission (UKGC) have held a meeting to discuss collaboration in the areas of responsible gambling, sports betting integrity, and anti-money laundering (AML).
Representatives from both regulatory bodies, including the MGA's CEO Carl Brincat and the UKGC's Chief Executive Andrew Rhodes, discussed knowledge-sharing initiatives and the importance of information exchange in relation to sports betting integrity, AML/CFT (Anti-Money Laundering/Combating the Financing of Terrorism), and compliance.
The MGA shared its experience with sandbox environments for Distributed Ledger Technology (DLT) and the acceptance of cryptocurrencies by gaming operators, resulting in the publication of a dedicated policy.
The UKGC provided updates on the progress of the UK's Gambling Act White Paper.
The regulators also explored the possibility of formalizing their relationship through a Memorandum of Understanding.