The Malta Gaming Authority simply hosted the Video Gaming Regulators European Forum’s (GREF) 2024 conference in MaltaThe crucial occasion occurred from May 20 to 22 and was participated in by more than 90 agents of regulative bodies from over 25 nations
This year’s occasion invited regulators from other continents for the very first time, broadening the scope of the conference and supplying individuals with a crucial international outlook. The conference was a chance for betting regulators to talk about the current market difficulties and exchange insights.
A few of the crucial subjects that were gone over at the GREF 2024 consisted of accountable betting, digital video gaming, development and AML steps. In addition, regulators talked about MGA’s ESG Codea geographical technique to gaming and worldwide point of views on gaming guideline.
According to the MGA’s statement, the conference showed to be an “outstanding platform for networking and partnership amongst global stakeholders.”
The occasion highlighted the value of cooperation in between regulators and the production of an international network of regulative bodies.
Cooperation Was a Key Topic
GREF’s chair, Isabelle Falque-Pierrotin highlighted the value of cooperation in between gaming market stakeholders. She stated that she was honored to open the company’s 2024 Annual Conference and kept in mind that she is eagerly anticipating developing a neighborhood of regulators.
European regulators can not be separated, apart from the other stars. Even if we have particular and distinct duties, we require to deal with others to propose reliable guideline.
Isabelle Falque-Pierrotin, chair, GREF
Charles MizziMGA’s president, echoed Falque-Pierrotin’s words, revealing his assistance of worldwide partnership in between operators. According to him, the intricacy of the modern market makes it crucial for market stars, consisting of operators, suppliers and federal government bodies, to collaborate and use guidelines that attend to the requirements of the market and the gamers.
As pointed out, another essential subject that was gone over was MGA’s Environmental, Social and Governance Code. Anna GrechMGA’s global affairs & & policy outreach supervisor turned unique attention to this subject, diving into the code as a way to acknowledge regulated betting operators’ sustainability efforts and structure upon the favorable efforts in the video gaming market.
Rachel BezzinaAML supervisor at the MGA and co-chair at the GREF AML working group, contributed to the conversation, highlighting the significance of AML and CFT procedures. Throughout the conference, she talked about the current and finest practices for efficient AML and CFT danger management.