Source: Kinga Warda¸ PKF Malta¸ November 2013
On the 9th October 2013¸ Malta’s Lotteries and Gaming Authority (LGA) and Alderney’s Gambling Control Commission (AGCC) have entered into a bilateral Memorandum of Understanding (MoU) to further their cooperation in the remote gaming services. The agreement between two jurisdictions will set new standards in the setting up of business friendly environments.
The MoU will also address issues including reciprocal server location¸ cloud regulation¸ the recognition of national certification bodies and player liquidity.
The MoU was signed by chief executive officer of the AGCC – André Wilsenach and LGA’s chairman – Mario Galea.
“With this MoU the two jurisdictions recognise the common values underlying their regulation of remote gaming namely to ensure consumer protection and the protection of society and public order¸ amongst others¸ and to regulate in such a way as to ensure fair¸ responsible and secure provision of gaming services¸ implemented through robust and comprehensive systems¸ mechanisms and monitoring¸” Galea said.