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The UK and Malta’s Regulators Formalise Their Cooperation by Signing an MoU

The UK and Malta’s Regulators Formalise Their Cooperation by Signing an MoU

01/11/2024
The UK Gambling Commission (UKGC) and the Malta Gaming Authority (MGA) have officially strengthened their partnership through a Memorandum of Understanding (MoU). This move seeks to enhance collaborative efforts to raise standards within the entertainment industry.

Details of the Directive

The MGA and the UKGC’s cooperation

Signed by the heads of both organisations, the memorandum underscores how essential international cooperation is for addressing shared challenges within the global gambling industry.

Through formalised collaboration, the organisations aim to:

  • enhance regulatory oversight;
  • bolster player protection;
  • combat criminal activities.

The MGA and the UKGC intend to strengthen their regulatory frameworks by:

  • launching collaborative initiatives;
  • sharing information and expertise;
  • adopting best practices to enhance security.

The MoU aligns with the UKGC's ongoing study on the UK black market, with initial findings expected in spring 2025. This research seeks to provide the commission with a preliminary insight into the scale of the issue.

Representative’s Comments

Andrew Rhodes, CEO of the UKGC, emphasised the importance of formalising this cooperation. This step represents a new milestone in the organisations' joint efforts to address common industry challenges, including illegal gambling and money laundering.

Charles Mizzi, CEO of the MGA, stated that this strategic step is a natural progression of a long-standing and successful partnership. It will enable organisations to elevate industry standards and tackle shared challenges more effectively.

Keep up to date with the latest events in the entertainment industry with Gaminator. Get in touch with us to acquire cutting-edge software or to order a licence for your gambling business.

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Artur Zimnij
Author
Artur Zimnij
Gambling business specialist
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