Imagine Live Games, a recently established online casino game provider, has obtained a full gaming services license from the Malta Gaming Authority (MGA). This license enables Imagine Live Games to extend its suite of offerings to gaming operators from across various European jurisdictions. While the specific list of countries covered by the MGA license is not exhaustive, it includes key nations like Sweden, Finland, Ireland, Germany, and Poland.
The Type 1 license granted by the MGA allows Imagine Live Games to offer games of chance, encompassing a variety of titles such as casinos such as Blackjack, Classic Roulette, Auto Roulette, Baccarat, and Dynamite Roulette. These games are available in different modes, including Gold, Classic, Auto, and Speed Auto.
Despite its recent business establishment in 2022, the Armenian-based company marked a significant milestone by launching its dedicated studio on November 7 as part of a strategic partnership. The studio features branded tables for roulette and blackjack, along with an additional 11 tables for a network blackjack offering.
Imagine Live Games unveiled its American Roulette on November 2, characterized by art deco themes. Following this, on December 14, the gambling company introduced the two-card version of baccarat, Dragon Tiger.
The MGA, the regulatory authority responsible for issuing the license, recently experienced leadership changes, appointing Charles Mizzi as its CEO just before Christmas. Mizzi is set to succeed Carl Brincat, and the appointment will take effect in the new year. This move is indicative of the MGA’s evolving approach, with a focus on its services and strengthening regulatory measures.
In the first half of 2023 alone, the MGA conducted 14 compliance audits and 85 desktop reviews of companies. The Authority issued 23 warnings, canceled four licenses, and suspended another five. Additionally, nine administrative penalties were issued, with one still pending.
Imagine Live Games’ acquisition of the MGA license positions the company to broaden its market reach and enhance its presence in the European online casino gaming landscape. As the industry continues to evolve, the regulatory measures and regulations implemented by authorities like the MGA underscore the importance of compliance and accountability within the online gaming and gambling sector.
FAQs: Imagine Live Games and Malta Gaming Authority License
1. What does Imagine Live Games specialize in?
Imagine Live Games is a recently established online casino game provider specializing in a diverse suite of live casino games.
2. What regulatory achievement has Imagine Live Games recently accomplished in gaming industry?
Imagine Live Games has obtained a gaming license from the Malta Gaming Authority (MGA), allowing the company to offer its games across various European jurisdictions.
3. Which countries are covered by the Malta Gaming Authority gambling license as obtained by Imagine Live Games?
While the list is not exhaustive, key countries covered include Sweden, Finland, Ireland, Germany, and Poland.
4. What type of online gambling license has the Malta Gaming Authority granted to Imagine Live Games?
Imagine Live Games has been granted a Type 1 license by the MGA, enabling the provision of games of chance, including Blackjack, Classic Roulette, Auto Roulette, Baccarat, and Dynamite Roulette.
5. In what modes are Imagine Live Games’ casino offerings available?
Games are available in various modes, including Gold, Classic, Auto, and Speed Auto, providing diverse experiences for players.
6. What milestone did Imagine Live Games achieve in 2022?
In 2022, Imagine Live Games established its dedicated studio as part of a strategic partnership, featuring branded tables for roulette and blackjack, along with 11 additional tables for network blackjack.
7. Can you highlight some of the recent game releases from Imagine Live Games?
Imagine Live Games unveiled American Roulette on November 2 and introduced the two-card version of baccarat, Dragon Tiger, on December 14.
8. What leadership changes have occurred at the board of the Malta Gaming Authority (MGA)?
Charles Mizzi has been appointed as the new CEO of the MGA, succeeding Carl Brincat. This change is part of the MGA’s efforts to strengthen regulatory measures.
9. How has the MGA been enforcing regulatory integrity measures recently?
In the first half of 2023, the MGA conducted 14 compliance audits, 85 desktop reviews, issued 23 warnings, canceled four licenses, suspended five licenses, and issued nine administrative penalties.
10. What does Imagine Live Games’ acquisition and licensing of the MGA license signify for the gaming activities of the company?
Obtaining the MGA license positions Imagine Live Games to expand its market reach and enhance its presence in the European online casino gaming landscape, emphasizing the importance of compliance and accountability in the industry.
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