The online casino games supplier Slotmill has received a critical gaming supply licence from the Malta Gaming Authority.
Malta.- The Malta Gaming Authority (MGA) has granted a critical gaming supply licence to online casino games supplier Slotmill.
Slotmill will now be able to offer its collection of games to all operators that are licensed by the MGA. Its titles include Neon Dreams, Vikings Creed, Wildfire, Lucky Lucifer and Vegas Gold. Its games have have been certified in Sweden, Lithuania, Latvia and Estonia.
Slotmill founder Johan Ohman said: “Being granted an MGA licence is a major event that opens up a multitude of new and exciting business opportunity.
“Furthermore, the MGA license is a seal of credibility confirming that Slotmill’s products and services meet the toughest standards and I am confident that it will generate a multitude of new long-term partnerships and propel the company forward.”
Malta Gaming Authority to lower minimum RTP for igaming
The MGA has announced that it will lower the minimum return-to-player (RTP) percentage on online random number generator games from 92 per cent to 85 per cent.
The change brings the limit for online casino in line with Malta’s land-based sector.
The MGA said the move would give operators and suppliers flexibility when offering games in jurisdictions that have high tax rates, helping to avoid the need for each game to be substantially adapted.
Suppliers are likely to use the change to produce games with lower RTPs for jurisdictions with high tax rates, such as Germany, where the tax rate for the new online gaming market has been set at 5.3 per cent on online slots turnover. Suppliers said it could take several weeks to implement the change.
In April, the MGA promoted Ryan Pace to chairman of the regulator’s board. Pace had been deputy chairman since last June.