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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 advanced feature enables prize pools within the provider’s jackpot games to be instantly boosted, for an increase in win potential.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....

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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).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.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....

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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.“In a crowded market this simple but highly effective solution drives additional revenue for operators while offering lucky players even bigger win potential.Flow Gaming franchise deal:Commenting on the strategic deal, Chief Operating Officer for Flow Gaming, Peter van Tuyl, said…“We are very excited to ...

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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. 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’.’Farrugia’s statement read…“Our relationship with the FIAU has gone from strength to strength, partino deposit casino malaysia ywngcularly since the introduction of the European Union’s fourth anti-money laundering directive....

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Due to the nature of our roles, we are in regular contact, also conducting joint supervision on MGA-licensed entities.”“In a crowded market this simple but highly effective solution drives additional revenue for operators while offering lucky players even bigger win potential....