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“In a crowded market this simple but highly effective solution drives additional revenue for operators while offering lucky players even bigger win potential.The iGaming regulator used an official Wednesday press release published by European Gaming Media and Events to detail that the fresh alliance is due to see the two entities work to improve their information sharing capabilities so as to better combat money laundering and the financing of terrorism.Increasing the jackpot pool will help give operators an edge over their competitors in what is an increasingly crowded iGaming market....

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The watchdog’s Director, Kenneth Farrugia, proclaimed that the improved accord with the MGA will further help the organization to ensure that ‘the highest levels of anti-money laundering and financing of terrorism compliance are applied across the gaming sector’.The brand new feature can be used by iGaming operators to instantly improve a brands’ marketing tools by increasing a jackpot by €50,000, for instance, and following with a campaign on the game.Read a statement from the latter Farrugia…“The memorandum of understanding will therefore further strengthen the long-standing excellent relationship and the level of collaboration between the two authorities and demonstrate our commitment and determination in increasing Malta’s effectiveness in combatting money laundering and terrorism financing....

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’Farrugia’s statement read…“Our relationship with the FIAU has gone from strength to strength, partipoker machine news australia vxgwcularly since the introduction of the European Union’s fourth anti-money laundering directive. to debut exclusively at Leo Vegas via the Relax Gaming Network.“In a crowded market this simple but highly effective solution drives additional revenue for operators while offering lucky players even bigger win potential....

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”Segment security:The FIAU is an agency of the Maltese government responsible for collecting, collating and analyzing information with the aim of combating money laundering and terrorism funding.Close connection:Heathcliff Farrugia, Chief Executive Officer for the MGA, used the press release to declare that he is ‘delighted’ to have signed such an agreement with the FIAU so as to further ensure that the online gaming market in Malta ‘is kept free from crime. The new release features BTG’s renowned Megaways random reel-modifier mechanic along with the Dual Reaction mechanic that splits the main reels in two....