Independent UK sports betting operator bet365, has today confirmed that it has been granted a Malta Gaming Authority (MGA) Class 2 Remote Gaming License for its sports betting services and operations.
bet365 management released the following statement regarding its Malta sportsbook application
“Due to the regulatory developments in various operating territories, bet365 decided that in addition to the remote gaming licences held by our existing operating hub in Gibraltar, a Class II licence by the Maltese Regulator was required in order to obtain and maintain certain regulatory approvals as well as to support its operations in the evolving global regulatory environment.
“We are therefore pleased to have been awarded a Class II Remote Gaming licence by the MGA, following a robust application process which examined our gambling operations, procedures and the experience of our personnel. In conjunction with the Maltese licensing process, we have also now established a Maltese marketing company, with premises located in Sliema, accommodating our marketing management and procurement functions headed by Mr Fred Bjurjfall who will be supporting the marketing activities of the Group”.
Joseph Cuschieri, MGA’s Executive Chairman welcomed bet365 to Malta’s online gambling jurisdiction
“The Malta Gaming Authority is delighted to have bet365 included in its portfolio of licensees. The Authority is committed to addressing the ongoing evolution of the industry as well as the challenges this brings along with it, with transparency, integrity and focus on consumer protection. The fact that bet365 chose to include Malta as one of its licensing jurisdictions is testimony to our reputation and encourages us to keep raising the bar in innovation and thought leadership on gaming regulation”