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MALTA SOFTWARE LICENCE FOR MICROGAMING
Approval opens the way for licensees to join a credible jurisdiction.
The online gambling software developer and turnkey provider Microgaming has been awarded a Class IV online gaming licence for its casino product by the Lotteries and Gaming Authority (LGA) in Malta.
The license will benefit the software provider�s partners wishing to operate within the European Union. In addition, it will provide those operators considering Microgaming software and wishing to be based in Malta a smoother process - making the move a far easier one. A number of Microgaming operators have already initiated the process of obtaining a Malta licence on the back of Microgaming�s Class IV.
Malta, the first EU member state to regulate remote gaming, offers four classes of remote gaming licence, with applicants undergoing probity checks as part of a wider fit and proper exercise, business and technical assessment and finally a compliance audit.
The Class IV casino license will complement the Class IV licence that Microgaming was awarded for its poker network earlier in the year.
Microgaming CEO Roger Raatgever commented: �We are delighted to have been granted a Maltese license for our casino product and look forward to being able to offer our operators this gateway into the EU. The review process involves a rigorous technical assessment and it is always rewarding when your own high standards are recognised by others - more so when it�s a European Union jurisdiction such as Malta.�
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