Tag Archives: Malta Gaming Authority (MGA)

Soft2Bet bolsters marketing team with Pablo Ferreira appointment

Soft2Bet bolsters marketing team with Pablo Ferreira appointment

Soft2Bet will continue to ‘exceed the requirements of partners across the globe’ after confirming that Pablo Ferreira will become the company’s new Chief Marketing Officer. Following what Soft2Bet has praised as a ‘successful spell’ in his role as Head of Country Managers, Ferreira will take charge of creating the promotional strategy for Soft2Bet’s flagship 2021 sportsbook as well as the …

Read More »

Slovak Football Association enlists MGA in data-sharing deal

Slovak Football Association enlists MGA in data-sharing deal

The Malta Gaming Authority (MGA) has joined with the Slovak Football Association as part of a new data-sharing agreement, which will allow the two parties to facilitate the sharing of information, in fulfilment of the requirements of the law. One of the country’s largest organisations in the country, the governing body of football in Slovakia has made a commitment to …

Read More »

MGA makes it mandatory to report suspicious betting activities

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 …

Read More »

TG Lab gains MGA certification

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, …

Read More »

MGA cancels Playbay Malta licence over ‘systemic deficiencies’

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 …

Read More »

Betby receives green light from MGA

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 …

Read More »

MGA report reveals 14 licences cancelled in 2019

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 …

Read More »

MGA survey reveals investment postponements as COVID-19 biggest rupture 

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 …

Read More »

MGA ups integrity commitment with World Snooker partnership

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 …

Read More »

MGA and FIAU combat money laundering with Memorandum of Understanding

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 …

Read More »