The New Regulatory Framework Of Malta Puts Players In The First Place

Olga finkel, a representative of the maltese law firm wh partners, believes that the important aspect of the new regulatory system of malta is to provide regulators of freedom of action.

«There are three sides in the gambling industry – regulator, operator and legislation. Malta gambling management (mga) will thus be able to more correct the priorities of their activities», – olga finkel said.

She also adds that licensing has become more ordered, since mga separately gives licenses b2b and b2c.

The lawyer believes that the provision of freedom to regulators improves the position of operators. The initial point of the new legislation is the interests of the player.

«Operators and regulatory authorities should work together to minimize the problems of the state and companies, – added lawyer. – player protection – required condition. For this it is necessary that the operators follow the rules. However, the policy approach in the past, the legislation is no longer trying to resolve every trifle».

At the present stage, not only the regulator, but also the operators are provided with freedom of action, the ability to self-organization.

Finkel also emphasized that malta’s gambling regulator must work with the internal structure – mentality of employees – and adjust the number of personnel optimal for the effective work of the department.

Recall that the gambling regulator malta intends to sign an agreement on cooperation with the italian authorities in order to combat crime in the field of gembling.