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The government of Malta, one of the world’s leading online gambling licensing agencies, recently tabled a bill which would transform the country’s approach to iGaming regulation.

If approved by the Malta Gaming Authority (MGA), the Malta Gaming Act would repeal all existing legislation with an updated set of regulatory policies.

In a press release issued on March 13, the MGA outlined several components of the new Malta Gaming Act, including a provision which would replace the current multi-license system with two primary iGaming certifications: Business-to-Consumer (B2C) and Business-to-Business (B2B). Other proposed improvements would expand the MGA’s jurisdiction to include additional compliance and enforcement, and formalizing the authority granted to the MGA’s Player Support Unit.

The release included comments from Parliamentary Secretary for Financial Services, Digital Economy & Innovation Silvio Schembri, who praised the MGA for embracing productive reforms:

“This Bill marks a major step in streamlining and encompassing the governance of all gaming services offered in and from Malta and across all channels under the competence of the MGA.

The Government wants to ensure that the gaming industry continues to be run responsibly, fairly and free from criminal activity, so that the Maltese jurisdiction provides a safe and well regulated environment where the industry can also develop and innovate.”

We hope to remove any red tape by increasing efficiency and flexibility for the Regulator, whilst improving the robustness of the current framework and focusing regulation on outcomes.”

According to Joseph Cuschieri – who serves as Executive Chairman of the MGA – the updated gaming codes are necessary if Malta is to keep pace with iGaming’s ongoing evolution:

“This is an important milestone and we welcome this major step forward by the Maltese Government.

This Bill contains draft proposals which aim to bridge the regulatory gap between various gaming verticals and channels, including new technologies serving as a platform to future proof gaming regulation, whilst ensuring that consumers enjoy a consistent level of protection.”

The MGA counts hundreds of iGaming operators among its worldwide network of licensees, with Betsson, Casumo, Greentube, and Paddy Power among the most well-known.

The new legislation was introduced following an extensive governmental review of gaming policy, which was launched in July of 2017 and included testimony from 53 stakeholders.

Per the MGA press release, the Malta Gaming Act was designed to remove regulatory red tape currently hindering its ability to protect consumers and hold operators accountable:

“The proposed regulatory framework will strengthen the MGA’s compliance and enforcement functions to better achieve its regulatory objectives, in line with concurrent developments on anti-money laundering and funding of terrorism obligations.

It also empowers the MGA to be more agile in its decision-making, decreasing unnecessary regulatory burdens whilst strengthening supervision and focusing the regulator’s efforts on the areas which present a higher risk profile.”

Schembri echoed those sentiments while providing his own justificiation for the Act, which he says will produce 4 percent growth across Malta’s iGaming industry:

“We hope to remove any red tape by increasing efficiency and flexibility for the Regulator, whilst improving the robustness of the current framework and focusing regulation on outcomes.”

The Maltese Parliament is currently studying the Act, but it is widely expected to pass before Cuschieri leaves the MGA to become chief executive officer of the Malta Financial Services Authority.

GambleOnline.co

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PokerStars’ long awaited merger of its French and Spanish platforms was launched just three weeks ago, but the site is already celebrating the success of its player sharing experiment.

According to the PokerScout database – which tracks player activity across major online poker platforms – the newly combined PokerStars Europe is now the third-largest in the world. With a seven-day average of 1,800 players, the site beats out established competitors like 888Poker (1,500) and PartyPoker (1,400).

The only platform boasting higher levels of activity are the primary PokerStars site (11,000), and the Asian-facing IDN Poker (5,000).

To commemorate that achievement, PokerStars launched a new tournament series known as FRESH (France Espania Hold’em) on January 28. The FRESH series consists of 50 tournaments, with buy-ins ranging from €10 to €250, offering a combined €5 million in guaranteed prize pools.

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In a press release, Severin Rasset – who serves as director of poker innovation and operations for PokerStars – dubbed FRESH as the first online tournament series open to both the French and Spanish markets:

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The path toward player pool sharing began in July of 2017, when the various gaming regulators in France, Spain, Portugal, and Italy announced an historic agreement to combine their online poker presence. Previously, these European countries operated online poker as “ring-fenced” markets, with the Spanish-facing PokerStars.es open only to Spanish IP addresses.

At that time, Guy Templer – the chief operating officer of PokerStars parent company The Stars Group – issued a statement praising the regulators’ decision to cooperate, rather than compete, with one another:

“This will be great for players and great for the poker category.

The French and Spanish regulators have done an excellent job in enabling a dramatic improvement in the gaming experience in their jurisdictions.

Now French and Spanish players can access a larger player pool with bigger prizes, promotions and a better selection of games, all with the confidence provided by a trusted, licensed operator.

Having a strong, competitive regulated offering – which comes from combining player pools – has proven to be attractive to consumers who might otherwise be choosing to play on un-licensed and potentially un-safe sites.”

Six months later, the French and Spanish regulators came together to codify the agreement, leading to the launch of PokerStars Europe.

As of yet, progress has stalled in Italy and Portugal, but a January report by industry outlet PokerRed revealed that Italian regulators are putting the final arrangements in place. Per PokerRed, a listing posted in the Official Journal of the European Union calls for online poker licensing tenders to be submitted between applications between March 15-19.

If the PokerStars Europe platform absorbed the current Italian-facing PokerStars.it site, it would add another 900 players to its seven-day average (per PokerScout).

Templer reached out to Italian and Portuguese regulators as part of his statement, urging the two parties to complete last year’s player sharing agreement:

“We’re looking forward to extending this to Italian and Portuguese players, and offer our full support to the relevant authorities in those countries to do so.

In particular, we would encourage Italy to resume their drive toward shared liquidity which after a good start has recently slowed considerably.”

GambleOnline.co

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There are many different types of online slot machine games available to the public nowadays. Since Charles Fey invented the first slot machine in 1895 everything imaginable has been done to this popular sport to improve the excitement, especially at online casinos. Besides the simple 3 reel slots you have 20 to 50 betline slots. There are interactive slot games with bonus game features embedded within the spin modes. But there is nothing like the jackpot slots to keep a player coming back for more.

With the popularity of online gaming growing year by year there are more people playing jackpot slot machine games online. The more people that play, the more money is available to increase the amount of the jackpot. The most popular jackpot slot games on the market are Progressive Jackpots. Progressive jackpots grow more the more players are using them. Normally a progressive jackpot is operated and promoted by the online software provider in conjunction with the software provider’s partner online casinos. The software providers might have as many as 50 casinos using there online slot games. Every time any one of the players at any one of the online casinos, spins the reels 3 to 4% of the wager will be accumulated in a special account of the software provider. This is the money that will eventually be paid out to the winner. So there could be thousands of players every day adding to the winning sum of the jackpot. Sometimes you can see directly on the slot machine game board the amount of the current jackpot. The amount normally has the last two figures going higher and higher every second. You can actually see the jackpot in real time grow and grow. It is impressive really. I have seen progressive jackpots of $ 5,000,000 and up. These are truly “Life Changing Jackpots”. I would imagine it would be quit a shock to win one.

Not all Jackpots are progressive. Some Jackpots have a set amount and do not changing. These can be equally attractive. One of the big advantages of these set prize jackpots is that you have a better chance of wining. True the amount could be less than a million euros but it would be more realistic to think that you could walk away with the prize. Many of these type jackpots are won by matching 5 symbols up on an active beltline. Or too, they could be won inside an interactive bonus game feature. Interactive bonus game features are more and more the fashion. I see more and more interactive slots being released everyday. There was a time when they were unfamiliar to the public. But nowadays more than half of the newly released slot games are interactive.

The last type of jackpot you will find online is a type where you do not leave the bonus game mode until you claim it. These of coarse are of a smaller scale. You can see these jackpots ranging from a few hundred dollars to one or two thousand. Lucky frog by NetEnt is an example. When you hit three frogs on an active betline you enter the bonus round. In the bonus game round you spin the jackpot wheel. The wheel must land on one of the 3 jackpot sizes. Depending on the amount of your wager you will have a better or worse chance of landing on the larger jackpot amount.

When Fey was alive the jackpot amount had to be very small. There was only 3 reels with 10 symbols on each reel. So there was not enough combinations to grant a large jackpot. Now there are 5 reels with more than 50 symbols per reel. This alone let the jackpot amount out of the box. Now for a jackpot amount the designers could program a 15,000,000 to one chance of winning a jackpot with a five reel slot containing 50 symbols each.

If you are serious about wining a large progressive jackpot then it would be best to focus on one that you can play away from home. Many avid jackpot chasers try their luck between lunch breaks and on vacation. So a no download slot game offered by flash casinos is what you need. These are also Mac compatible. A no download casino can be played on a computer that is not yours. It would not be recommendable to download a program into a computer you do not own. The information privy to you and the casino could be compromised once you leave the play. So take this under consideration while choosing a progressive jackpot to play on.

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