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Malta Lowers Money Laundering Risk for iGaming – Impact on Online Gambling



A Positive Shift: Malta Reduces Money Laundering Risk in iGaming

Malta, known as a hub for online gambling, has made a significant change in its latest National Risk Assessment regarding money laundering threats. The island nation has decided to lower the money laundering risk level for iGaming, a move that could have far-reaching implications for the industry.

Understanding the National Risk Assessment 2023

The National Risk Assessment 2023 is a comprehensive document compiled by Malta’s government to evaluate money laundering threats across various sectors. In this latest assessment, a notable adjustment has been made specifically in the realm of remote gaming. The report has reevaluated the risk level associated with iGaming, reducing it from ‘High’ to ‘Medium.’

A Complex Narrative: Behind the Risk Level Reduction

While the headline risk level reduction may suggest a straightforward improvement, the report reveals a more intricate story. The key findings include a significant increase in suspicious transaction reports (STRs) related to online gaming between 2018 and 2021. Notably, these reports often involved foreign nationals with limited connections to the island.

Identifying Threats in iGaming

The report highlights several threats within the iGaming sector, including the use of prepaid cards for gambling, the utilization of virtual financial assets for payments, and activities conducted by unlicensed groups. It also raises the possibility of organized crime groups gaining control of licensed gaming businesses—a scenario that has occurred in the past, with Italian mafia connections.


The FATF’s Involvement and Malta’s Commitment

Malta’s approach to money laundering came under international scrutiny when it was added to the Financial Action Task Force’s (FATF) “grey list” in June 2021 due to “strategic deficiencies” in its anti-money laundering (AML) and counter-terrorist financing (CTF) regime. This inclusion had repercussions, including increased business compliance costs and challenges in accessing international finance.

Malta’s status as a global iGaming hub played a role in these assessments, with previous evaluations noting vulnerabilities in its remote gaming sector.

A Positive Turnaround: Malta’s Removal from the FATF Grey List

In response to its inclusion on the FATF’s “grey list,” Malta made a high-level political commitment to collaborate with both the FATF and the EU’s MONEYVAL to enhance its AML and CTF policies. This concerted effort bore fruit when Malta was removed from the list in June 2022, following progress in strengthening its anti-money laundering controls.

Malta’s decision to reduce money laundering risks in iGaming demonstrates its commitment to addressing vulnerabilities in the sector and aligning with international AML standards. This development is poised to impact the online gambling industry and its stakeholders significantly.


Jerome, a valuable addition to the Gamingo.News team, brings with him extensive journalistic experience in the iGaming sector. His interest in the industry was sparked during his college years when he participated in local poker tournaments, eventually leading to his exposure to the burgeoning world of online poker and casino rooms. Jerome now utilizes his accumulated knowledge to fuel his passion for journalism, providing the team with the latest online scoops.

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Dutch Regulator Intensifies Supervision in 2024 to Ensure Safe Gambling



Dutch Regulator KSA’s 2024 Supervisory Agenda Targets Responsible Gambling

As a seasoned gambling professional, staying updated on regulatory agendas is crucial for navigating the ever-evolving landscape of the industry. The Dutch gambling regulator, Kansspelautoriteit (KSA), has unveiled its ambitious Supervisory Agenda for 2024, outlining strategic initiatives to reinforce responsible gambling practices and combat illicit operations. In this comprehensive guide, we delve into the key objectives set forth by the KSA, shedding light on the regulatory priorities shaping the Dutch gambling landscape in the coming year.

The KSA’s Supervisory Agenda for 2024 underscores its unwavering commitment to promoting responsible gambling and safeguarding consumer welfare. Central to its mission is the amplification of “Safe Play” measures, aimed at fostering a secure and transparent gambling environment for all stakeholders. With a renewed emphasis on regulatory oversight, the KSA aims to bolster its supervisory framework to address emerging challenges and uphold the integrity of the Dutch gambling market.

In its pursuit of regulatory excellence, the KSA will intensify its scrutiny of operators’ duty of care measures, emphasising the importance of proactive interventions to prevent problem gambling behaviours. By implementing a data-driven approach to risk-based monitoring, the regulator aims to identify and mitigate potential harm swiftly, ensuring that operators fulfil their obligations to prioritise player protection.

Furthermore, the KSA’s agenda for 2024 includes targeted measures to disrupt the supply chain for unlicensed online gambling. Recognising the proliferation of illicit operators, the regulator will employ investigative tactics to dismantle unauthorised gambling networks and hold perpetrators accountable. Through rigorous enforcement actions and collaboration with law enforcement agencies, the KSA seeks to root out illegal gambling activities and preserve the integrity of the licensed gambling sector.


A key focal point of the KSA’s supervisory efforts will be the enforcement of advertising regulations, with a particular emphasis on safeguarding vulnerable demographics, including young people. In response to recent findings highlighting breaches in advertising standards, the regulator remains steadfast in its commitment to curbing irresponsible marketing practices and promoting socially responsible advertising within the gambling industry.

In a recent revelation, the KSA unveiled the results of its investigation into unlicensed gambling advertising, exposing widespread non-compliance among affiliate sites. Of the 33 gambling websites scrutinised, 14 were found to have flouted regulations, including targeting individuals who had self-excluded from gambling activities. Such violations underscore the urgency of the KSA’s enforcement efforts to curb illicit advertising practices and protect consumers from exploitative marketing tactics.

As the Dutch gambling landscape evolves, the KSA’s Supervisory Agenda for 2024 serves as a beacon of regulatory diligence and consumer protection. By prioritising responsible gambling initiatives and cracking down on illicit operators, the regulator reaffirms its commitment to fostering a safe, fair, and sustainable gambling environment for all. As industry professionals, it is imperative to align with the KSA’s vision and actively contribute to the advancement of responsible gambling practices in the Netherlands.


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