The Malta Gaming Authority (MGA) has renewed its cooperation agreement, known as the Memorandum of Understanding (MoU), with the Alderney Gambling Control Commission (AGCC).
The two regulators first entered into a Memorandum of Understanding in 2013, opening up new opportunities for improved partnerships and collaboration between them.
The collaboration between the MGA and the AGCC plays a key role in adapting to the global nature of online gambling and continues to enforce the terms of their agreement.
Carl Brincat, MGA CEO, said: “The renewal of the MoU with the AGCC continues to reaffirm our shared commitment towards supervising a safe and responsible gaming ecosystem across the board”.
The MGA and AGCC, as supervisory authorities, are responsible for issuing licenses, monitoring the activities of companies and responding to violations of the law.
Andrew Gellatly, AGCC Executive Director, said: “With this MOU, we look forward to continuing and strengthening our valued collaboration with the MGA, to the benefit of both players and stakeholders.”
The Memorandum of Understanding is not legally binding document, but it reflects the serious intentions of both parties by establishing a common understanding and framework for cooperation.
As for the AGCC, the organization was established in May 2000 and has currently issued over 70 licenses, partnering with over 20 gaming providers.
The AGCC focuses on online gambling licensing and also works with hosting providers and major service provider partners. Some of the companies licensed by the AGCC include Sky Bet and Sky Casino through Bonne Terre; Greentube, NetEnt, Playtech and Kitty Bingo.
The MGA recently presented their 2023 interim report, providing an opportunity to assess their current position and performance.
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