Malta Gaming Authority Responds to ‘Unfounded’ Allegations for Lax Gambling Monitoring Policies
The Malta Gaming Authority responded on Thursday to present media coverage with regards to allegations it had failed to monitor online gambling operations by its licensees for suspicious activity prior to a unique concepts.
Reuters reported on Monday citing a former MGA worker Valery Atanasov, that the regulatory human body had given licenses to several on line gambling operators without performing the online pokies real money in australia so-called ‘sealing’ procedure.
The MGA had formerly ‘sealed’ hardware, used by Malta-located iGaming companies, as being a measure for the avoidance of money laundering along with other practices that are illicit. Being used at the regulator, Mr. Atanasov was in fact on the list of people performing the ‘sealing’. He told Reuters that the process was indeed a precondition for the issuance of a permit to at least one company or any other.
The former MGA worker explained that interested operators was indeed expected to present the regulator having a diagram associated with precise location of the equipment they would used online pokies australia real money paysafe to offer iGaming solutions to clients from all over European countries. Seals had then been put on computers and other products, according to that diagram.
Mr. Atanasov told Reuters he had himself declined to perform the sealing procedure at the offices of several companies where what have been shown regarding the diagram had not matched the actual positioning of equipment. […]