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More recently, the Stockholm-headquartered developer scored a strategic Franchise IP licensing agreement with Asian 7 riches online casino bfowleader in distributed casino technology and next-generation services, Flow Gaming.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.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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Unique feature:In an official press release, Senior Product Strategist for Yggdrasil, Jonas Strandman, said…“Our Jackpot TopUp feature offers an innovative way for operators to incentivize players and further differentiate their offerings.Swedish online casino software provider, Yggdrasil Gaming, has revealed Jackpot TopUp, the latest addition to its innovative range of products and one that will further enhance player experience.’Farrugia’s statement read…“Our relationship with the FIAU has gone from strength to strength, parti7 riches online casino bfowcularly since the introduction of the European Union’s fourth anti-money laundering directive....

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Flow Gaming franchise deal:Commenting on the strategic deal, Chief Operating Officer for Flow Gaming, Peter van Tuyl, said…“We are very excited to Swedish online casino software provider, Yggdrasil Gaming, has revealed Jackpot TopUp, the latest addition to its innovative range of products and one that will further enhance player experience.Additional opportunities:The MGA stated that the enhanced union is also set to allow the pair ‘to discuss avenues of further co-operation’ regarding their systems to stamp out money laundering and terrorist financing that could encompass the increased training and assessment of individuals holding ‘key positions’ withing licensed iGaming operators....

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”The Cherry AB subsidiary offers a comprehensive suite of “best performing local jackpot games,” including Ozwin’s Jackpot, Holmes & the Stolen Stones, Doctor Fortuno and the adventure-themed title, Jackpot Raiders, as well as its progressive jackpot offerings Empire Fortunes and Joker Millions.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. Due to the nature of our roles, we are in regular contact, also conducting joint supervision on MGA-licensed entities....

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The Malta Gaming Authority (MGA) has announced the signing of a memorandum of understanding that has seen it further consolidate its long-standing relationship with the island nation’s Financial Intelligence Analysis Unit (FIAU). 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....