The Malta Gaming Authority (MGA)’s Sports Betting Integrity Department has altered its suspicious betting reporting requirements, most notably by making reporting rules now also apply to suppliers.
Under the new rules, suppliers will have the same obligations as operators to report any suspicious betting activity to the MGA.
Another change will be that the department will inform all licensees with any knowledge of suspicious betting activity in its possession.
Without revealing the source of the information, the Authority will now inform licensees of any instances of suspicious betting activity in relation to any event that has been adverted by said licensee.
This move aims to help operators in a number of key ways, but perhaps most notably, it wants to raise awareness of suspicious betting risks being faced across the Maltese betting sector.
Additionally, it will ensure that licensed operators are aware of suspicious betting activities taking place in the Maltese betting sector. Finally, it will allow MGA licensed operators to review their own monitoring systems and verify they have not been subject to similar activities.
The Authority also expects the new alerting process to help the sector itself, by fostering “better and wider” monitoring of suspicious betting activity taking place within the Maltese betting sector, and allowing for a holistic review and evaluation of the sports betting risks facing the sector at large.
Finally, it aims to allow for a more informed Maltese betting sector, bridging the Authority and its licensees in their collective fight against corruption in sports and sports betting.
The entertainment hub, which has recently opened in Pembroke after a lengthy period of meticulous restoration, serves up a gamut of dining, fitness, business and leisure opportunities
His appointment comes into effect from September 2024, and will see him remain on the board of Games Global as an independent non-executive director
Under the MiCA framework, OKX plans to offer spot trading (including EUR and USDC pairs) in addition to buy, sell, convert and staking services to qualified EU residents through Okcoin Europe Ltd
The telecoms firm prioritises holistic and scalable solutions for its corporate clients, says Arthur Azzopardi, Chief Officer at GO Business.