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The MGA Publishes its 2019 Annual Report and Financial Statements

The Malta Gaming Authority (MGA/Authority) is publishing its Annual Report and Financial Statements for the financial year ending 31 December 2019, providing an overview of the work performed throughout the year by the Authority. In addition, the report also includes a summary of the performance of the Maltese gaming industry during 2019 and an outlook for the medium-term future.
The following are the key highlights from the Annual Report covering the year 2019:
- The Authority cancelled 14 licences and suspended 11. In addition, it issued 20 warnings, 89 Notices of Breach and 23 administrative fines imposed on operators following various regulatory breaches;
- 89 applications for a gaming licence were received in 2019; 44 applications were either rejected or withdrawn and 53 licences were issued during the period under review, including licences the application for which had been received during the previous year;
- 15 individuals and companies were deemed not to be up to the Authority’s probity standards by the Fit & Proper Committee, mainly on the basis of mitigating the risks of money laundering or funding of terrorism;
- 48 audits were conducted by the Compliance and AML function;
- 69 international cooperation requests were sent by the MGA in 2019, predominantly as part of the criminal probity assessments, with the Authority receiving 58 international co-operation requests;
- 1,300 criminal probity screening assessments were carried out in 2019;
- The Authority revised its Memorandum of Understanding (MoU) with the Financial Intelligence Analysis Unit, and also signed an MOU with the Malta Police Force, aimed at strengthening the fight again corruption and money laundering;
- As at the end of December 2019, the number of companies licensed by the MGA, including both online and land-based entities, stood at 294.
In publishing this report, Heathcliff Farrugia, Chief Executive Officer of the Malta Gaming Authority, stated that: “Overall, 2019 was a very challenging but at the same time rewarding year for the MGA. The increased focus on compliance and enforcement which was prevalent throughout the year has yielded tangible results for the Authority.
This focus led to internal restructuring for the better achievement of the MGA’s objectives, and was also pivotal in the Authority’s drive towards the setting up of the Sports Integrity Unit, tasked with increasing the commitment towards the fight against the manipulation of sports competitions. In its first months, this unit has already signed important collaboration agreements with international sport bodies in order to tackle betting-related corruption and ensure the integrity of sports.
Such collaboration, both at a local and international level was high on the agenda in 2019, and will continue being crucial in 2020, as a key determining factor in the ongoing fight against crime, corruption and money laundering.”
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From Cost Center to Growth Driver: Rethinking Geolocation in a Regulated World

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In a fragmented and fast-evolving regulatory landscape, geolocation has become a critical pillar of compliance, fraud prevention, and operational strategy. But as new formats like sweepstakes, prediction markets, and DFS+ gain traction, and new global markets opening up, operators face increasing pressure to adopt location solutions that are not just accurate, but adaptive.
Ron Braunfeld, Chief Revenue Officer at Xpoint, shares his perspective on how operators can navigate this complex ecosystem, what trends are shaping demand, and how early client feedback has helped define a smarter approach to geo-compliance.
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In a market crowded with both low-cost entrants and premium vendors, how should operators navigate the geolocation landscape to ensure they get the best solution for them?
Operators should look beyond sticker price and evaluate geolocation providers on overall value and risk mitigation. Itâs easy to be tempted by bare-bones, bargain offerings that perform only basic location checks, but those can leave compliance gaps or blind spots. In contrast, premium solutions tend to bundle critical features like fraud detection, high uptime, and real-time support as standard features, turning geolocation from a mere checkbox into a comprehensive compliance tool.
Operators should select a partner that scales with their business. For example, a startup might start with a usage-based plan and expand as it grows, while a large multi-state operator should see volume-based discounts. In short, the best approach is to weigh long-term reliability and capability over rock-bottom cost, ensuring the geolocation service can prevent costly missteps and even unlock useful insights, not just verify a location.
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Which verticals or regions have shown the biggest, unexpected appetite for precise location verification?
One surprising vertical has been daily fantasy sports (DFS). Initially, DFS platforms werenât under the same strict state-by-state regulations as sportsbooks or online casinos, so many assumed theyâd take a minimal compliance approach. Instead, as DFS grew, operators became highly proactive. Mature DFS companies began demanding the same level of precision and fraud resistance as regulated betting operators, recognizing that even a small number of out-of-state users slipping through could pose serious legal and reputational risksâ.
Another unexpectedly hungry segment is sweepstakes and skill-gaming platforms. These businesses occupy a gray area in terms of gambling law â sweepstakes-based casinos or prize games arenât clearly âgamblingâ in the traditional sense. With legal scrutiny mounting, states are already debating whether sweepstakes constitute gambling, proactive operators have implemented precise geolocation controls. Some have even asked providers for state-by-state geofencing to ensure they donât inadvertently allow play from jurisdictions that might challenge their modelâ. Itâs essentially anticipating regulation. By acting as if they are regulated and rigorously geofencing where users can participate, they demonstrate a commitment to operating above board. It shows that across the board, from fantasy sports to sweepstakes games, the industry increasingly views precise location tech not just as a legal hurdle, but as a foundation for a trustworthy, scalable operation.
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Which upcoming innovations or market trends do you expect will have the biggest impact on geo-compliance demand over the next two years?
Several forces are converging to reshape the future of geo-compliance. Geolocation is becoming deeply integrated into the broader security and personalization stack. The most forward-thinking operators are starting to link location intelligence with fraud prevention, responsible gaming, and even targeted marketing. In the next two years, the biggest differentiators wonât just be accuracy or uptime, they will be the ability to power multiple use cases from a single, trusted location platform.
Meanwhile, global market expansion is driving both scale and complexity. Jurisdictions such as Brazil and the UAE are rolling out or tightening their regulatory frameworks, often requiring location validation as a condition of licensure. This will push operators to adopt flexible, modular compliance infrastructure that can be customized market by market, as more areas continue to regulate.
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How does early adopter feedback shape your commercial and product roadmap, and whatâs a key lesson youâve learned from client insights?
Client feedback is often the earliest signal of where the market is heading. Operators on the front lines, especially those pioneering new betting formats or entering emerging jurisdictions, tend to uncover challenges that arenât yet on most providersâ radar. Listening to those early adopters can reveal opportunities to build products that solve real pain points, not just theoretical ones.
Another recurring theme is the need for transparency and flexibility in partnerships. Leading operators now expect their compliance agreements to function as living, breathing documents, regularly updated to mirror regulatory shifts, market developments, and evolving risk profiles. Providers that explain their data sources clearly, pivot swiftly when rules change, and scale support in lockstep with client growth earn lasting trust. This feedback loop, where operators push boundaries and providers refine solutions, has emerged as a core driver of innovation in geolocation. Partnerships are no longer static contracts, theyâre collaborative roadmaps for confident, sustainable expansion.
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The post From Cost Center to Growth Driver: Rethinking Geolocation in a Regulated World appeared first on European Gaming Industry News.
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QTech Games shines a light on Shady Lady for more innovative content

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Emerging-markets leader expands its content portfolio with standout games from a bold, impactful supplier
QTech Games, the leading game aggregator for emerging markets, has continued to build the strong momentum in its premium pipeline, thanks to its latest deal with Shady Lady, a bold disruptive force in the slots sector. The launch extends Shady Ladyâs international footprint, unlocking untapped emerging markets for diversified growth.
This timely integration adds yet more creative muscle to QTechâs aggregation platform, which is taking the widest array of online games to emerging territories with established names sitting alongside the industryâs most exciting and innovative providers.
Accordingly, Shady Lady is already one of the most mercurial and exciting game studios in the industry. And this integration with a genuine emerging force pens another thrilling addition to QTech Gamesâ sprawling and well-curated library of immersive gaming experiences.
Think: enigma, wrapped in a riddle, parcelled into a variety of eye-catching packages â as evidenced by a string of recent hits like Brain Washed, Devilâs Finger and Office Party. In short, itâs all about daring to be different and norm-busting in an increasingly homogenised slots space. All of which makes Shady Lady a compelling new character in any portfolio â one that wins its audiences over by preferring nuance to clanging bells and whistles, upending outdated themes and copycat narratives with clever plot-twists and engaging story-rich features.
QTech Gamesâ CEO, Philip Doftvik, said: âAt QTech, weâre about so much more than pure aggregation â just take our sought-after campaign tools, or AI-powered QT Play game lobby, which means that operators donât have to build their own casino lobby. Naturally, weâre committed to rolling out high-quality content that drives revenue for our partners and creates unique experiences that users remember and return to play.
âShady Lady understands this need and is already delivering in spades with some bold and beautiful games that reinvigorate tired themes and play with conventional expectations. Alongside immersive soundscapes, stunning visuals and inventive mechanics, Shady Lady excels at fusing creativity with maths to craft visually thrilling, high-performing games that push the envelope on player experience and online hang-time.â
Marla Singer, spokesperson for Shady Lady, added: âShady Lady isnât here to throw shade on traditional slots â we are here to disturb the peace a little. Itâs a call to arms for fresh mechanics, striking design, and soundscapes that linger. We believe in games that surprise you, characters that donât behave, and stories that veer off script. Others chase noise. We tune into the frequency beneath. Itâs a quieter kind of rebellion â but it leaves a mark. We donât follow the rules. We rewrite them. Sometimes in lipstick.â
The post QTech Games shines a light on Shady Lady for more innovative content appeared first on European Gaming Industry News.
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Reflex Gaming hooks another hit with Big Game Fishing Golden Catchâ˘

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Reflex Gaming, the UKâs largest independently owned omni-channel game supplier, is making waves once again with the launch of Big Game Fishing Golden Catchâ˘, the latest online release in its hugely popular Big Game Fishing franchise, and proudly powered by Yggdrasil.
This thrilling new slot reels players into a bright and breezy lake, where Reflexâs iconic fisherman, Fred, returns for another unforgettable adventure. With a 5-reel, 3-row layout, high volatility, and a max win potential of 5,000x the stake, Golden Catch is bursting with fun, flair, and fishy fortune.
A standout feature in the game is Max Play Mode, an alternate version of the base game that can be played at the same bet value. In this mode, only Fish, Fisherman and Bonus symbols appear on the reels â turning every spin into a high-stakes hunt for cash prizes. All other symbols are removed, replaced by weight icons that keep the focus firmly on big catch potential.
Golden Bet offers a clever twist for players eager to reach Free Spins. By increasing their stake by just 1.5x, players unlock the Bonus Respin feature. When two Bonus symbols land, the remaining reels respin, offering a second chance to land the Bonus.
Another feature which is sure to be a fan favourite is Hook a Bonus. At the end of a base game spin, fishing rods can randomly appear above the reels. A line will be thrown containing a hook, hooks can pull Bonus symbols onto the reels, creating Free Spins triggers that keep engagement levels high.
During the Free Spins feature, players begin at a level determined by how many Bonus symbols triggered the roundâstarting with 10 spins at Level 1 and up to 20 spins at Level 4. Every Fisherman collected not only grabs all visible Cash Fish values but also pushes the player along a nine-stage collection trail. Reaching new milestones upgrades fish values and awards additional spins, creating a satisfying sense of progression and reward.
To add to the excitement, Dual Gamble gives players the option to risk any win for either a bigger cash prize or the chance to enter the Free Spins bonus. Itâs a high-risk, high-reward decision point that brings tension and strategy into the mix. For those who prefer to jump straight into the action, a Bonus Buy is available, allowing instant access to Free Spins for 125x the stake.
With bold visuals, Big Game Fishing: Golden Catch⢠delivers all the hallmarks of a Reflex favourite. The franchise has already seen huge success across both online and land-based sectors, and this latest evolution is set to cast its net even wider.
Mat Ingram, CPO at Reflex Gaming, said: âBig Game Fishing: Golden Catch⢠builds on one of our most beloved brands and injects it with new layers of excitement. Players will love the sense of momentum and the thrill of the chase â especially with the Max Play and Hook a Bonus features keeping things lively.
âItâs a fun, focused slot that still delivers serious potential. We expect this one to become a flagship performer in operator lobbies.â
The post Reflex Gaming hooks another hit with Big Game Fishing Golden Catch⢠appeared first on European Gaming Industry News.
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