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