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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.
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Pagcor relents on 20 venues -
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Kama Games Selects Unity -
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Novomatic Slot Competition -
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GREAT88 Slot Launches -
Golden Dumplings, which award a spin on the Bonus Wheel, itself offering chances for multiplied stake winnings, free spins or a spin at the Mega Wheel.
Unibet - Relax Gaming poker software -
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Update on Anti Online Gambling bill S.3376 -
More detail is emerging on Senate bill S.3376 and its author, Senator Tom Cotton, indicating that Cotton has in the past (2015) signed as a sponsor for Sheldon Adelsons Restoration of Americas Wire Act and opposes the legalisation of online gambling in the United States.
Anti Gambling bill S. 3376 -
#s3376 Industry observers were taken by surprise late Friday when a little-known Republican Senator from Arkansas, Tom Cotton, filed the beginnings of a new bill in the US Senate Committee on the Judiciary in what appears to be a move to toughen the US legal stance on the Unlawful Internet Gaming Enforcement Act of 2006 and possibly the 1961 Wire Act.
2016 WPT Borgata Main Event Results -
@MrJesseJames888 Four years ago the poker world watched as Jesse Sylvia and Greg Merson fought it out in the heads up of the World Series of Poker main event, with Sylvia narrowly defeated but taking home a second placing pay check for $5,292,889.
G-Sports debuts with the game Road Redemption -
#esports Land, online and mobile gambling publisher Gamblit Gaming has debuted in the burgeoning eSports sector, unveiling its new eSports platform branded G-Sports with the hit PC and console game Road Redemption.
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