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Online Gambling Mgs bingo gets the nod from malta |
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| | | Tuesday, July 29, 2008 | | | | | EU operators increasingly licensing in Mediterranean jurisdiction
Online gambling software and games developer Microgaming has announced that its bingo software has been approved by the Lotteries and Gaming Authority in Malta, a licensing jurisdiction that is becoming increasingly popular with European Union operators and is accepted by UK advertising authorities.
Isle of Man-based Microgaming has already received online gaming licenses for its casino and poker products from the LGA, and the addition of a gaming license for bingo will enable it to service its growing base of operators in the EU.
Malta is the first EU member state to regulate Internet gambling and offers four classes of remote gaming license, with applicants undergoing probity checks as part of a wider fit and proper exercise, business and technical assessment, and finally a compliance audit.
Roger Raatgever, CEO, Microgaming says, "Malta continues to be a growing hub of European gaming with a successful regulatory model and we have continued our significant investment in Malta by setting up various onsite servers. These will not only enhance connectivity and resilience for online gaming, but also contribute to a superior experience for operators and players, alike. This provides Microgaming with the opportunity to offer our operators an additional gateway into the EU and we are delighted to add bingo to our licensed software offering. "
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