December 2018

The MGA Publishes its Interim Performance Report for the Gaming Industry for the Period January to June 2018. The Maltese Land-based and Remote Gaming Industry report shows a positive outlook to the gaming industry in Malta as specified below from the extract; "Outlook for the Gaming Industry in Malta Given the positive developments experienced by the global and European gaming markets during 2017, operators and suppliers are expecting further...

Microsoft recently announced that the Dynamics NAV 2018 version will be the last release of NAV branding, available to buy a license only till April 1, 2019. From that point onwards, we will be witnessing the rise of Dynamics 365 Business Central (On-Premise or Cloud). Here we explain the basics, but every business is unique so if you'd like to speak to us about how these...

A few weeks ago the FIAU have published the national risk assessment findings on sector-specific. Included in the report, are the findings related to the Gaming Industry. When establishing your start-up gaming company, the findings in this report should be closely studied and followed to avoid leading your organisation into serious money laundering and terrorist funding risks. The publication gives a good overview on how to strengthen...

The Malta Chamber of Commerce, Enterprise and Industry has published a statement by the JobsPlus CEO, Clyde Caruana, highlighting the difficulties in attracting foreign talent as a number of European countries were seeing their economies recovering. "JobsPlus CEO Clyde Caruana warned that Malta’s challenge to attract foreign talent was becoming ever more difficult, as a number of other European countries were seeing their economies recovering." This statement...

The Financial Intelligence Analysis Unit has published a revised version of the Implementing Procedures Part 1 for consultation highlighting some key matters that are important to understand for the industries that are dealing with Prevention of Money Laundering Act (PMLA) and the Prevention of Money Laundering and Funding of Terrorism Regulations (PMLFTR). "The salient amendments are listed here-under: The Risk Based Approach The revised Implementing Procedures Part...

The Malta Gaming Authority has released a survey on the skill gap that is present within the gaming industry. At Accreda we encourage gaming operators to get in touch with us to explore our services and resources available to the gaming industry. Outsourcing services to a specialized gaming provider will reduce your salary overhead risks and give operators the flexibility to develop systems based on the...

To all B2C gaming operators, please note that the Malta Gaming Authority has published an important notification for all B2C operators. There is a close deadline specified associated to this directive as specified in their publication. "B2C licensees must make readily available to players the applicable procedures for making a complaint to them and for referring a complaint to an ADR entity. This Directive is intended...