GoldGameSlots

As we know - RTP is Return To Player. 

Malta Gaming Authority has lowered the existing Return to Player percentage in online slots to 85%.

Consequentially, Article 22 of the Directive now reads: “A B2C licensee offering games online which use repetitively generated random selection for determining winning combinations to players, in accordance with the way in which the games offered thereby are designed, shall pay out on average a prize amounting to eighty-five per centum (85 percent) or more of the money or money’s worth wagered, or any such higher percentage as may be stipulated through a condition of the licence.”

A closed consultation from which the announcement followed investigated the sustainability of lowering the RTP percentage to 85%, the same as its land-based equivalent. The consultation implicated several Business-to-Business operators, industry stakeholders, and B2C operators.

As is stated by the report, the MGA’s proposal to lower the RTP was “welcomed” by all respondents, stating that different rates would be applied to different games and jurisdictions, guaranteeing an optimal playing experience for customers. Further, this would allow operators to profitably run their businesses.The MGA’s proposal to lower the RTP was “welcomed” by all respondents, stating that different rates would be applied to different games and jurisdictions, guaranteeing an optimal playing experience for customers.

Furthermore, the general comment was that the RTP decrease to 85% should apply to specific products only. As the market requirements will drive the industry to retain an “appropriate RTP standard”, the RTP would remain higher than the proposed threshold.

As the operators agreed, the lowering of the RTP would have an impact on their competitive position but also the possibility of added flexibility. If the operators, based on market conditions and competition levels, grow free to apply higher RTPs, they would have significantly strengthened opportunities on the market.

The official stance on the RTP “issue” is yet to be determined.