Tag Archives: Malta Gaming Authority (MGA)

Under new rules released by the Malta Gaming Authority (MGA), sportsbook operators will be required to report any suspicious betting patterns from 1 January 2021. The new requirements follow a seven-week consultation which sought to gather feedback on the proposed Suspicious Betting Reporting Requirements alongside a series of other measures. The MGA stated that it plans to make its Suspicious …

Omni-channel platform provider TG Lab has expanded its presence within the European igaming market after it was granted a Critical Gaming Supply Licence by the Malta Gaming Authority (MGA). Malta is the latest jurisdiction to grant a supplier licence to TG Lab, as the supplier’s turnkey technology has already gained certification in Sweden, Denmark, Lithuania, Latvia and Estonia. William Jur, …

The Malta Gaming Authority (MGA) has cancelled the licence of Playbay Malta Limited, which operates HDbets.com, after the regulator identified ‘systemic deficiencies’ in its adherence of AML/CFT obligations. As part of the ruling, Playbay Malta will no longer be authorised to carry out any gaming operations, register new players or accept new customer deposits. However, the regulator specified that it …

Betby has confirmed that it has expanded its regulated market licensing requirements, having been approved as a sportsbook software supplier by the Malta Gaming Authority (MGA). Accredited by the MGA to service licensed sportsbooks with its technology and software components, Riga-based Betby will expand the supply of its AI-driven sportsbook solutions to operators within several European territories. Leonid Pertsovskiy, Chief …

The Malta Gaming Authority (MGA) revealed that during 2019, it suspended 11 licences, and cancelled a further 14 ‘following various regulatory breaches’. Publishing its Annual Report and Financial Statements for the financial year ending 31 December 2019, the MGA confirmed that it had issued 20 warnings, 89 notices of breach and 23 administrative fines during the year as the regulator …

Conducting a survey among its licence holders, the Malta Gaming Authority (MGA) has published first insights of the impact of the COVID-19 pandemic on Malta’s online gambling sector. The study, carried out in April by the MGA’s ‘Information & Research’ unit, detailed pandemic impacts on each individual licensee segment including B2C operators, technology providers, marketing services and operations. “The survey …

The Malta Gaming Authority (MGA) has strengthened its commitment to integrity after signing a data-sharing agreement with the World Professional Billiards & Snooker Association (WPBSA). The WPBSA is the regulatory authority for both Billiards and Snooker worldwide and is responsible for the global development of both sports, and for the integrity related to the sports MGA Sports Integrity Manager Antonio …

The Malta Gaming Authority (MGA) has confirmed that it has signed a Memorandum of Understanding (MoU) with the Financial Intelligence Analysis Unit (FIAU). The MoU will specifically focus on improving the sharing of information on the areas related to the supervision of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT), provided for by the Prevention of Money Laundering …

The Malta Gaming Authority (MGA) has confirmed that it will be ‘increasing industry outreach’ to ensure that all licensees are compliant with regulatory expectations during the ongoing COVID-19 pandemic. The regulator has suggested that the widespread cancellation of sporting events across the globe will encourage operators to bet on products offering ‘different risk profiles to those traditionally offered’. The MGA …

The Malta Gaming Authority (MGA) has announced that incumbent The Daily Fantasy Football Company LTD has lost its capacity to operate wagering services within its jurisdiction, terminating its licence.  As of last week, the company could no longer carry out operations, register new players or accept new customer deposits. Nevertheless, the firm is required to provide all registered players with access …