Industry News

MGA to sign deal with Guardia di Finanza

Published

6 years ago

November 16, 2018

Niji Narayan

MGA to sign deal with Guardia di Finanza

Photo Source: cfjctoday.com

Reading Time: < 1 minute

The Malta Gaming Authority has revealed plans to enter into an agreement with Italy’s Guardia di Finanza to share intelligence with investigators of both the countries for more effective tackling of illegal gaming activity.

The agreement is expected to be signed in a few days. The deal is proposed after a recent investigation revealed Malta’s role in a multi-billion Euro money-laundering scheme and resulted in the arrest of 68 people and the seizure of over €1 billion in assets across Europe.

The investigation, which was done in cooperation with Eurojust, the Maltese authorities, and their European counterparts, was led by the prosecutors of Bari, Reggio Calabria and Catania, and coordinated by the Italian National Anti-Mafia and Counter-Terrorism Directorate.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.