The Malta Gaming Authority and the Alcohol and Gaming Commission of Ontario (AGCO) have entered into a new Memorandum of Understanding, building on their continued relationship to solidify the collaborative efforts between the two gaming regulators.
In light of the transnational nature of the gambling industry, both the MGA and the AGCO acknowledge the necessity of international cooperation. Both regulators align on common objectives and values in overseeing the gaming sector, including protecting the public interest, safeguarding of vulnerable individuals from gambling harm, and consumer protection.
The new MoU aims to further strengthen the long-standing collaboration between the two regulatory bodies, as it facilitates the exchange of crucial regulatory information and best practices, and mutual operational assistance concerning gaming operators. It also aims to cultivate a safer and more secure gaming environment across both jurisdictions, as it enables the MGA and the AGCO to perform their functions more effectively.
MGA CEO Charles Mizzi commented that: “Our ongoing collaboration with AGCO has yielded tangible results in the past, and through this MoU we are committed to further bolstering our inter-jurisdictional relationship. Our focus remains on fostering the exchange of information, with the overarching goal of improving our regulatory practices and addressing mutual challenges effectively.”