Gaming regulator signs MoU with Isle of Man counterpart

The Lotteries and Gaming Authority and the Isle of Man’s Gambling Supervision Commission have signed a Memorandum of Understanding on bilateral cooperation, Malta’s gaming regulator said.

Under the document, the two jurisdictions recognise the common values underlying their regulation of remote gaming, namely to ensure consumer protection and the protection of society and public order. They pledge to regulate to ensure fair, responsible and secure provision of gaming services, implemented through robust and comprehensive systems, mechan-isms and monitoring.

The two jurisdictions aim to develop common responsible gaming measures and enhance consumer and player protection measures, including the protection of minors and the vulnerable.

Both jurisdictions will strive to develop and share common regulatory best practices, including employee exchange programmes, common certification standards and other practical and operative arrangements to reflect technological and other relevant deve-lopments in the area.

This MoU will provide a formal framework for cooperation between the two jurisdictions, including the exchange of inform-ation and investigative assistance of providers and remote gaming services. The MoU also addresses issues such as reciprocal server location, cloud regulation, the recognition of national certification bodies and player liquidity.

The document was signed by LGA chief executive Reuben Portanier and Isle of Man Gambling Supervision Commission chief executive Steve Brennan. It is the seventh of a series of collaboration agreements which the local regulator has signed over the past six months, with the Danish Gambling Authority, the Ontario Alcohol and Gambling Commission, the Jersey Gambling Commission, FIFA’s Early Warning System, the International Olympic Committee’s Early Warning System and the European Sports Security Association.