by Renee Israel
The Lotteries and Gaming Authority of Malta (LGA) has announced that it has
signed another Memorandum of Understanding (MoU).
The LGA Memorandum of Understanding has been signed with the Jersey
Gambling Commission and will result in the two jurisdictions collaborating
together in order to develop shared responsible gaming and player protection
measures.
The MoU was signed this week between the Chief Executive Officer of the LGA,
Reuben Portanier and the Chief Executive for the Jersey Gambling Commission,
Jason Lane.
Among the issues that the two groups will collaborate on will be the
protection of vulnerable people and minors.
The groups will also develop and share common regulatory practices and will
work together on joint policies, including common certification standards,
exchange programmes for employees and more.
Recognition of Common Gambling Values
In a statement issued by the Malta Lotteries and Gaming Authority it read:
"With this Memorandum of Understanding, the two jurisdictions recognise the
common values underlying their regulation of remote gaming namely to ensure
consumer protection and the protection of society and public order, among
others, and to regulate in such as way as to ensure fair, responsible and secure
provision of gaming services implemented through robust and comprehensive
systems, mechanisms and monitoring."
The LGA goes on to state that the MoU will provide a formal basis and
framework for cooperation between the two jurisdictions, including the exchange
of information and investigative assistance of providers and remote gaming
services.
"The Memorandum of Understanding also addresses issues such as cloud
regulation, the recognition of the use of financial institutions located in the
territory of either jurisdiction for gaming transactions, the recognition of
national certification bodies and player liquidity," it said.
About the LGA
The Lotteries and Gaming Authority is a regulatory body which is responsible
for all gaming activities in Malta, such as amusement machines, casinos, bingo
halls, the national lottery, non-profit games and remote gaming.
According to the Lotteries and Other Games Act of 2001, the LGA's mission is
to "regulate competently the various sectors of the lotteries and gaming
industry by ensuring gaming is fair and transparent to the players, preventing
crime, corruption and money laundering and by protecting minors and vulnerable
players."
A chairman and four members constitute the board of the LGA. Nicholas Xuereb
serves as chairman, while Portanier is CEO. Current board members include Dr.
Pauline Debono, Dr. Roberta Fenech Gauci and Dr. Stanley Portelli.
