Connect with us
European Gaming Congress 2024

Compliance Updates

MGA and UKGC strengthen regulatory ties through MoU

Published

on

mga-and-ukgc-strengthen-regulatory-ties-through-mou
Reading Time: < 1 minute

 

The Malta Gaming Authority (MGA) and the UK Gambling Commission (UKGC) have formalised their cooperation through a Memorandum of Understanding (MoU), marking a significant step in their collaborative efforts to regulate the gaming sector.

The agreement focuses on enhancing the exchange of information and intelligence between the two regulators to better safeguard consumers, prevent criminal activity, and protect vulnerable players from gambling-related harm.

Both authorities recognise the increasingly global nature of the industry, and therefore the critical importance of cross-collaboration. By sharing best practices through the MoU, the MGA and the UKGC aim to strengthen their respective regulatory frameworks and address common challenges more efficiently.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Commenting on the MoU, UKGC CEO Andrew Rhodes remarked: “We welcome this agreement as a sign of our continued collaboration between the MGA and the UKGC. We’ve been working closely for some time now, and following our successful visit this summer, it is only fitting that we formalise our working relationship.”

MGA CEO Charles Mizzi emphasised that: “Our longstanding informal collaboration with the UKGC has already delivered meaningful outcomes, and the formalisation of this cooperation is definitely a step in the right direction. In line with our regulatory objectives, we are confident that such collaboration will allow us to address common challenges more effectively, allowing us to continuously improve on the effectiveness of our processes and framework.”

Andrew Rhodes further added: “We are keen to continue strengthening our efforts to raise standards across the industry, tackling common challenges such as illegal gambling, while also exploring future collaboration, including initiatives like shadowing and addressing key issues in areas like AML and sports betting integrity.”

The post MGA and UKGC strengthen regulatory ties through MoU appeared first on European Gaming Industry News.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Chief Compliance Officer of the Year award

Rush Street Interactive’s Laura McAllister Cox Named Chief Compliance Officer of the Year at Vixio Global Regulatory Awards

Published

on

rush-street-interactive’s-laura-mcallister-cox-named-chief-compliance-officer-of-the-year-at-vixio-global-regulatory-awards

 

Rush Street Interactive, Inc. is proud to announce that Laura McAllister Cox, RSI’s Chief Compliance Officer, has been awarded the highly coveted Chief Compliance Officer of the Year award at the prestigious Vixio Global Regulatory Awards in London. This recognition celebrates Laura’s exceptional leadership, her instrumental role in navigating the ever-evolving regulatory landscape, and her unwavering commitment to fostering a culture of compliance and responsible gaming at RSI.

The Chief Compliance Officer of the Year award highlights compliance leaders who go beyond the call of duty, leading their departments through the complexities of regulatory change while significantly elevating compliance standards across their organizations. Laura’s nomination reflects her steadfast dedication to these principles and her unmatched contributions to the gaming industry.

“Laura McAllister Cox exemplifies the qualities of a transformative compliance leader,” said Richard Schwartz, Chief Executive Officer of Rush Street Interactive. “Her vision, expertise, and unwavering commitment to regulatory excellence have not only positioned RSI as a pioneer in responsible gaming practices but also ensured that RSI consistently sets the industry standard for compliance and innovation. This award is a testament to her extraordinary impact on our company and the broader gaming landscape.”

Laura’s achievements include leading RSI to become the first U.S. operator to receive the Responsible Gaming Council’s RG Check Accreditation, an honor that underscores the company’s dedication to the safety and well-being of its customers while fostering a sustainable gaming environment. Under her guidance, RSI has also achieved market-leading profitability and strategic expansion into new jurisdictions, all while navigating complex regulatory frameworks with precision.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

As Chief Compliance Officer of publicly traded Rush Street Interactive, Laura oversees the company’s compliance strategy across a range of critical areas, including regulatory, licensing, anti-money laundering, technical compliance, and responsible gaming. Her leadership has been instrumental in building RSI’s compliance department into a world-class operation with specialized subject matter experts across these domains.

Beyond her achievements at RSI, Laura is widely regarded as one of the most respected voices in the global gaming industry. Her distinguished career spans nearly four decades and includes serving as President of the International Association of Gaming Advisors (IAGA) from 2017 to 2018, as well as legal and compliance leadership roles at esteemed organizations such as Rush Street Gaming, Greenberg Traurig, LLP, and Gaming Partners International Corporation. Her expertise in gaming law and corporate compliance has solidified her reputation as a trusted authority in the field.

Laura’s ability to identify and cultivate exceptional talent, foster collaborative relationships with regulators, and implement forward-thinking compliance strategies has made her an unparalleled leader in the gaming industry. Her initiatives, such as yearly team summits and ongoing training programs, ensure RSI’s compliance team remains agile and equipped to address the ever-changing regulatory landscape.

“I am deeply honored to be named the Chief Compliance Officer of the Year,” said Laura McAllister Cox. “This recognition is a reflection of the incredible work of my team and RSI’s unwavering commitment to compliance excellence and responsible gaming. At RSI, we strive to lead by example and set the standard for innovation, integrity, and collaboration in the gaming industry. I am grateful to be part of a company that values these principles and to work alongside such talented professionals every day.”

The Vixio Global Regulatory Awards celebrate achievements and innovation in compliance and responsible gaming across the global gambling industry.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Compliance Updates

Vixio Announces Winners for the 2024 Global Regulatory Awards

Published

on

vixio-announces-winners-for-the-2024-global-regulatory-awards
Reading Time: 2 minutes

 

Vixio, a leading provider of regulatory intelligence solutions, unveiled its 2024 Global Regulatory Awards (GRAs) winners last night during an event in London.

More than 300 industry leaders, regulatory experts, and esteemed professionals of the global gambling industry attended the prestigious event. The independently judged GRAs recognise and celebrate the achievements of individuals, teams, and organisations in the gambling industry who have excelled in compliance, corporate social responsibility, and safer gambling.

The eighth annual awards ceremony recognised winners across 20 categories. Notable winners on the evening included Betsson Group, Mindway AI, and Paysafe, each winning two awards. Vixio also recognised outstanding individuals, such as Jessica Feil of OpenBet, named Compliance Professional of the Year, and Laura McAllister Cox of Rush Street Interactive, awarded Chief Compliance Officer of the Year. “A big thank you to everyone who attended last night’s Global Regulatory Awards event in London. Vixio has been proud to host independently judged awards for the last eight years. Our selection process ensures that each winner is the best in class and has displayed clear dedication to trustworthy gambling and regulatory compliance, so huge congratulations to all the winners.stated Mike Woolfrey, CEO of Vixio.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Docaposte, Draft Kings, eCOGRA, Gaming Associates, Scientific Games, and charity partner Ygam were among the sponsors for this year’s Global Regulatory Awards. The 2025 Global Regulatory Awards presentation will take place on November 19th, returning to the De Vere Grand Connaught Rooms in London.

The official 2024 winners are as follows:

AML or MLR Professional of the Year – Brian Doran, Metropolitan Gaming

Award for Commitment to Compliance by an Operator – Betsson Group

Chief Compliance Officer of the Year – Laura McAllister Cox, Rush Street Interactive

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Compliance Innovator of the Year – Mindway AI

Compliance Professional of the Year – Jessica Feil, OpenBet

Compliance Lifetime Achievement Special Award – David Rebuck

Compliance Rising Star Special Award – Jamie Delaney, Apricot

Compliance Team of the Year – Betsson Group

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Head of Regulatory Affairs or Government Relations of the Year – Martin Lycka, Entain

Legal Team of the Year – Paysafe

Outstanding Contribution to Safer Gambling – Flutter Entertainment

Outstanding Contribution to Sports Betting Integrity – Entain

Outstanding Individual Contribution to Safer Gambling – Paul Buck, EPIC Global Solutions

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Payment Service or Solution Provider of the Year – Paysafe

RegTech Provider of the Year – Mindway AI

Regulatory Initiative of the Year – National Voluntary Self-Exclusion Program, idPair

Regulatory Law Firm of the Year – Bird & Bird

Regulatory Lawyer or In-House Counsel of the Year – Sue Dawson, Light & Wonder

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Responsible Gambling Service or Solution Provider of the Year – BetBuddy by Playtech

Testing Service or Solution Provider of the Year – BMM Testlabs

The post Vixio Announces Winners for the 2024 Global Regulatory Awards appeared first on European Gaming Industry News.

Continue Reading

Compliance Updates

MGA Publishes Skills Gap Report, Unveiling Insights into Workforce Trends and Industry Challenges

Published

on

mga-publishes-skills-gap-report,-unveiling-insights-into-workforce-trends-and-industry-challenges
Reading Time: 2 minutes

 

The Malta Gaming Authority (MGA) has released its latest report analysing the skills gap in the online gaming industry, based on surveys conducted between 2020 and 2024. The findings, reflecting data from 2019 to 2023, provide valuable insights into workforce trends, challenges, and opportunities across MGA-licensed activities in Malta.

Key Findings from the Report

Positive Labour Market Dynamics

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

75.8% of surveyed respondents rated Malta positively in areas such as labour market trends, skills availability, and training opportunities when compared to other jurisdictions.

Vacancy Trends in 2023

At the end of 2023, 74.9% of job vacancies had been open for less than three months.

There were 92.5 vacancies per 1000 employees in MGA-licensed activities, with a total of 885 open positions reported by online gaming companies in Malta.

Vacancy Breakdown by Level

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

79.2% of open positions were at the operational level.

18.8% were at middle management, while top management roles accounted for 2.0% of total vacancies.

Roles in Demand

Marketing roles (including customer care) represented 21.1% of vacancies, while technology-related positions made up 16.8%.

Top Barriers to Recruitment

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The most common reasons for unfilled vacancies over the reporting period were:

Lack of work experience.

Competition from other firms.

Insufficient qualifications.

Recruitment Trends in 2023

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

84.9% of surveyed firms hired personnel from other companies within the industry.

Only 25.8% recruited directly from university graduates, underscoring the need for better alignment between educational programmes and industry needs.

Addressing Skills Gaps

71.7% of firms implemented in-house training or mentoring programmes to address skill shortages.

55.4% intensified employee retention efforts as a strategy to close skills gaps.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

MGA CEO, Charles Mizzi, commented on the report’s findings:

“As Malta’s gaming industry evolves, it is essential to adapt and strengthen the foundations that support its success.”

“The Skills Gap Report reveals important insights into the challenges and opportunities ahead, particularly the need for targeted skills development and stronger partnerships between educational institutions and industry. By addressing these priorities, we can ensure sustainable growth and maintain Malta’s leadership in the global gaming ecosystem.”

The post MGA Publishes Skills Gap Report, Unveiling Insights into Workforce Trends and Industry Challenges appeared first on European Gaming Industry News.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania