The Malta Gaming Authority has initiated a closed consultation process with its licensees concerning a proposal focused on enhancing the existing player protection measures.
Licensees are given one week to share their thoughts on the proposal and to present their own protocols regarding fund management and potential winnings .
What is the consultation about?
This private consultation involves discussions between the regulator and its licensees, pertaining to their responsibilities for Responsible Gambling .
The proposal also introduces five (5) indicators of harm that licensees must take into account in order to implement effective strategies and processes aimed at identifying and addressing gambling issues. Source )
Additionally, the proposed changes include regulations for reinforcing real-money operations and special training programs for staff tasked with overseeing responsible gambling initiatives.
This proposal follows a thorough examination of the existing Directive by industry experts , alongside evidence-based suggestions from the Authority itself and contributions from the Responsible Gambling Unit .
The consultation process allows licensees to share their insights before the new regulations come into effect.
What implications does this have for online casinos approved by the MGA?
There are numerous online casinos that hold licenses issued by the Malta Gaming Authority. While the present regulations are sufficient and provide substantial protection, the new directives will offer players enhanced safeguards where it's most critical.
This proposal was introduced shortly after the Authority initiated a campaign aimed at enhancing awareness regarding gambling problems.
Who is the MGA?
The Malta Gaming Authority serves as the regulatory body for gambling activities in Malta. It oversees a large number of casinos, including several that are currently welcoming players from Canada (excluding Ontario).
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