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Malta Gambling Authority Publishes Minimum RTP Requirements
MGA PUBLISHES RTP DIRECTIVE
Along with proposed monitoring system.
The Malta Gambling Authority (MGA) has published new minimum return to player (RTP) obligations on operators licensed in terms of the Remote Gaming Regulations.
The new regulation 46A requires that specified casino-type games offered under a remote gaming licence abide by a minimum average RTP of 92 percent or any such higher percentage as stipulated through the licence condition.
Further clarity to these requirements are established in tandem with the publishing of the Return to Player Directive (Directive 1 of 2016). This Directive specifies the games for which the minimum average return to player obligation is applicable, as well as the methodology which the MGA may use in ensuring compliance with the requirement such as periodic checks, and / or certification.
The new regulation 49A further requires licensees to make information, related to fees and average winnings, available to players to enhance consumer protection measures in terms of transparency and fairness of games.
Legal Notice 131 of 2016 also introduces the new Part XVIII on the power of the MGA to implement a monitoring system following public consultation and stakeholder interaction.
The Enhanced Automated Reporting Platform (EARP) for remote gaming is intended to streamline, automate and enhance certain reporting and compliance processes, reducing complexities in investigations and strengthening the regulatory framework, the MGA said.
New regulations 61 to 63 empower the MGA to operate the platform, connect it to licensees’ systems and set out parameters for which the platform may be used.
Gambling News :
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
NY Rangers vs. Devils on 12/21 -
When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.
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