The Malta Gaming Authority (MGA) and Dutch regulator Kansspelautoriteit (KSA) have both signed a Memorandom of Understanding (MoU), in hopes of putting an end to illegal activities in their respective gambling markets.
Under the deal, the MGA and KSA will work together to prevent and stop gambling-related criminal activities within their respective territories.
The two authorities will also share strategies and information, and also engage in discussions concerning some policy matters related to illegal activities.
Furthermore, the two regulators will also collaborate on initiatives that focuses on protecting vulnerable people from gambling addiction and related harm, and also ensuring the Malta and Dutch gambling markets remain transparent and fair.
“These MoUs are a solid basis to share knowledge, to cooperate, and to smoothly exchange information. At the same time operators will be receiving a clear signal that hands of regulators will be joined internationally,” René Jansen, KSA chairman, said.
Heathcliff Farrugia, MGA chief executive, also applauded the new agreement, explaining that the MoU will support similar agreements that the authority has in forged with other regulators.
“Our relationship and cooperation with Kansspelautoritiet has already yielded tangible results in the past, and with this MoU, apart from formalizing such a relationship, a stronger collaboration at an international level is also ensured,” Farrugia said.