The Malta Gaming Authority (MGA) and the Alderney Gambling Control Commission (AGCC) have renewed their Memorandum of Understanding (MoU), marking a continued commitment to cooperation and regulation in the online gambling industry.
First signed in 2013, the MoU serves as a foundation for collaboration between the two regulatory bodies. It recognizes the importance of cross-border cooperation in overseeing the international nature of online gambling.
As regulators in their own jurisdictions, the MGA and AGCC are responsible for issuing licenses and ensuring the safety and legality of gaming operations. The renewal of the MoU reaffirms their dedication to maintaining a secure and responsible gaming ecosystem.
While the MoU is not legally binding, it reflects a mutual understanding and framework for cooperation between the MGA and AGCC.
The AGCC, established in 2000, currently issues over 70 licenses and works with more than 20 game providers. It primarily focuses on online gambling but also collaborates with hosting providers and core service provider associates. Notable companies holding AGCC licenses include Sky Bet and Sky Casino, Greentube, NetEnt, Playtech, and Kitty Bingo.
The MGA recently released its Interim Performance Report for 2023. The renewal of the MoU demonstrates the ongoing commitment of both the MGA and AGCC to regulate the online gambling industry effectively and protect the interests of players and stakeholders alike.