ELA Games, a prominent gaming company, has successfully obtained the Malta Gaming Authority’s (MGA) Recognition Notice, marking a significant milestone in its strategic expansion across key global markets in collaboration with the MGA. This development is part of ELA Games’ overarching strategy to drive growth in Europe, fostering distribution channels and establishing commercial partnerships with entities based in Malta, a pivotal hub in the European iGaming landscape.
Strategic Growth in Europe:
The acquisition of the MGA Recognition Notice represents a strategic move by ELA Games to deepen its presence in Europe, leveraging Malta’s prominence in the iGaming industry. The company aims to enhance collaboration with operators, bringing player engagement to new heights for its partners.
Mike Cini, Business Owner at ELA Games, expressed delight at obtaining the MGA Recognition Notice, emphasizing its significance as a major regulatory expansion milestone. The authorization in Malta positions ELA Games to work more closely with operators and elevate the gaming experience for its partners.
Gamification Features and New Releases:
ELA Games distinguishes itself by developing products that incorporate gamification features. Recent releases such as ‘Vikings Wild Cash’ and ‘Lucky Dwarfs’ exemplify the studio’s commitment to innovative and engaging gaming experiences. With the MGA Recognition Notice secured, ELA Games anticipates forging more partnerships and introducing additional games in the coming months.
Recent Milestones and Collaborations:
This achievement builds upon ELA Games’ recent milestones, including the acquisition of a Romanian Class 2 license from the National Gambling Office (ONJN) in collaboration with Soft2Bet. Additionally, partnerships with industry players like EveryMatrix and Reevo have contributed to ELA Games’ expanding footprint in the competitive gaming sector.
Regulatory Landscape and Industry Dynamics:
The MGA, as a regulatory authority, plays a crucial role in maintaining the integrity of the iGaming industry. Recent license revocations, such as those of AMGO iGaming Malta and Arabmillionaire, underscore the regulatory body’s commitment to upholding compliance standards. AMGO iGaming Malta faced cancellation due to multiple breaches, including non-payment of licensing and compliance fees. Arabmillionaire’s license revocation resulted from overdue fees and unresolved breaches, leading to the cessation of its operations in Malta.
ELA Games’ achievement of the MGA Recognition Notice positions the company for strategic growth in Europe, leveraging Malta’s standing in the iGaming sector. With a focus on gamification features and a commitment to innovation, ELA Games is poised to further elevate the gaming experience for players and strengthen its partnerships in the dynamic and competitive gaming landscape. As the company continues to expand its regulatory footprint, industry observers can anticipate further developments and contributions to the evolving narrative of the European iGaming market.