The Malta Gaming Authority (MGA) and the Italian authorities are signing an agreement to enhance further collaboration in tackling irregular activity in the gaming sector.
The agreement is expected to strengthen Malta’s reputation as a gaming stronghold.
Parliamentary Secretary Silvio Schembri, who made the announcement, said that both sides will be better able to share and exchange intelligence information, putting them in a better position to detect criminal activity.
Addressing the third annual KPMG Gaming eSummit, which attracted over 300 delegates, Mr Schembri added that the new gaming law which was put into effect this year has placed the regulator in a stronger position to eliminate objectionable elements within the industry, ensuring that it mitigates money laundering processes, fraud and other criminal activities, while reducing the bureaucracy in the sector.
"It is within this excellent legal scenario, which further enhances Malta’s reputation, that operators can acquire a prestigious Maltese license."
Mr Schembri also stated that the government is working on a viable strategy for esports, which will soon be launched. “Malta, with its current gaming ecosystem and ‘Home of Gaming Excellence’ credentials will provide the ideal landscape for esports athletes, businesses and tournaments to thrive.”