The Malta Gaming Authority (MGA) hosted the Gaming Regulators European Forum’s (GREF) 2024 conference in Malta from 20 to 22 May.
This prestigious event united gaming regulators from over 25 countries, creating a dynamic platform to tackle pressing industry challenges and exchange invaluable insights, MGA said in a statement.
This year was the first time regulators from other continents were present at the event. Topics discussed ranged from the MGA’s ESG code, responsible gambling, digital and innovation, international perspectives on gambling regulation, anti-money laundering and a geographical approach to gambling.
Isabelle Falque-Pierrotin, Chairperson of the GREF, opened the 2024 Annual Conference, emphasizing the growing maturity of GREF members in their gambling analyses and tools. She highlighted the urgent need for cooperation among stakeholders and GREF’s openness to international partnerships.
“European regulators cannot be isolated, apart from the other actors. Even if we have specific and unique responsibilities, we need to work with others to propose effective regulation,” she said.
“The complexity of the industry demands collaborative efforts. With various stakeholders, including operators, technology providers, and government bodies – all playing critical roles – collaboration allows us to leverage the diverse expertise and perspectives to develop comprehensive and effective regulatory frameworks that address the complexities that are inherent to the industry,” MGA CEO Charles Mizzi said.
Anna Grech, International Affairs & Policy Outreach Manager at the MGA, discussed the development of the ESG Code. She explained that the code acknowledges licensees’ commitment to sustainability and builds upon the positive initiatives already being undertaken by the gaming industry.
Rachel Bezzina, the Anti-Money Laundering (AML) Manager at the MGA and co-chair of the GREF AML working group, led a dialogue on best practices for effective monitoring and supervision over money laundering and financing terrorism (ML/FT) risks.