gaming_gambling_play_complex_blue.pngOnce a license is issued by the Malta Gaming Authority (MGA), the licensee is subject to numerous regulatory compliance requirements. The importance of the compliance function in today’s world, especially within the gambling industry, cannot be ignored. In this regard, we at RSM offer ongoing compliance support in relation to all MGA regulatory requirements. 

The following tasks will be carried out as part of our ongoing support services: 

  • Ensuring that the remote gaming system is set up and maintained in accordance with the remote gaming regulations and any licence conditions imposed by the MGA; 
  • Submission of periodic financial, administrative, data and record returns and reports to the MGA. These include: 
  • Submission of incident reports to report controlled and uncontrolled incidents; 
  • Preparation and submission of notification reports to submit to and seek MGA approval prior to effecting any critical changes to the gaming infrastructure, core system modules, gaming operation, rules of the games, terms  and conditions and games portfolio; 
  • Preparation of monthly player and gaming data reports including the reconciliation of monthly player balances in the gaming system to the players’ bank account; 
  • Submission of complaints logs to the MGA in line with the updated player protection directive; 
  • Submission of contracts directly effecting the operation of the entity; and 
  • Submission of six monthly interim financial statements and annual audited financial statements. 
  • Calculation of monthly gaming contribution and annual gaming licence fee within the stipulated time frames; and 
  • Monitoring adherence to the provisions of the Gaming Act and subsidiary legislation.