The Virtual Gaming Association of Timor-Leste (VGA) hosted a special industry event on 2 February which revealed further details about the proposed regulatory framework. The VGA will recommend to the Timor-Leste government that it issues both B2C and B2B licences. Regulation will be modelled on that in force in Malta and the Isle of Man, and licences will be issued in Q2 or Q3 of this year. It was also confirmed that the VGA will be conducting a consultation process with the industry to further refine its regulatory approach. Commenting on the news, Richard Leather, chairman of the VGA, said: “It was a great honour to host an event in London representing Timor-Leste and welcoming Presiden
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