The Malta Gaming Authority (MGA) announced on Friday that it had received a delegation from the Malawi Gaming Board and the National Lotteries Board between June 20 and 23. The visit was requested by Malawi’s regulatory authorities”learn and replicate best practices in online gambling industry regulation.”
The MGA is hosting a delegation from the Malawi Gaming Board and the National Lotteries Board. Learn more: https://t.co/gImPuFA6OP pic.twitter.com/bxi7r9kaAm
—MaltaGamingAuthority (@MaltaGamingAuth) June 24, 2022
After a tour of the MGA offices and a discussion of the structure of the Authority, the MGA held a number of presentations over two days, including a overview of licensing and compliance processes, criminal probity assessments, anti-money laundering oversight processes and the use of a risk-based approach to regulation. The visit ended with a visit to the establishments on land, allowing to deepen the knowledge of the sector.
Kinga Warda, Director of Policy and International Affairs at MGAsaid: “We welcome opportunities to share our knowledge and expertise with regulators reviewing or developing their regulatory frameworks. »
“These visits are the ideal platform for knowledge sharing, mutual collaboration and discussions,” added Warda.. “We have a unique opportunity to shape gaming regulations around the world and share our expertise.”
The Malawi Gaming Board was established under the Gaming Act No. 26 of 1996 for the purpose of regulating gambling; control and authorize gambling venues; impose and collect a gaming tax; and further to provide for matters related or incidental to the foregoing.
The National Lotteries Board was established in 2003 by the Lotteries Act to regulate the National Lotteries and all other lotteries. in order “to ensure that players are treated fairly, to protect the nation’s interests in lotteries, and to motivate operators to maximize the fun and benefits” that the lottery brings to the nation.