Malta's Lotteries and Gaming Authority and the Alderney Gambling Control Commission have signed a memorandum of understanding on bilateral cooperation.
The memorandum, signed on October 9, establishes a formal basis for cooperation between the two jurisdictions, including for the exchange of information and investigative assistance of providers and remote gaming services.
The agreement also addresses issues including reciprocal server location, cloud regulation, the recognition of national certification bodies and player liquidity.
The memorandum was signed by Mario Galea, chairman of the Malta LGA, and André Wilsenach, CEO of the AGCC. Galea said “With this memorandum, the two jurisdictions recognise the common values underlying their regulation of remote gaming namely to ensure consumer protection and the protection of society and public order, amon others, and to regulate in such a way as to ensure fair, responsible and secure provision of gaming services, implemented through robust and comprehensive systems, mechanisms and monitoring.”
Wilsenach added: “The [memorandum] is an important step in the development and sharing of common regulatory best practices, including employee exchange programmes, common certification standards and other practical and operative arrangements to reflect technological and other developments in the area, which should benefit operators in both jurisdictions as it will endeavour to reduce the amount of duplication and costs of doing business in the two jurisdictions.”
