The world of online casinos is growing at a rapid pace, but not always in the right direction.
While many platforms operate within legal and ethical boundaries, a rising number of unlicensed online casinos are creating serious risks for unsuspecting players. These operators often bypass regulations, putting users’ money, data, and privacy at risk.
To operate legally in the iGaming industry, online casinos must obtain a license from a recognized gaming authority in any country. This process tends to be quite bureaucratic and time-consuming, especially if a license is being obtained from a reputable body, however the strict legal requirements are implemented in the best interest of consumers. The strict regulations imposed by the European union also makes this process relatively lengthy.
As part of its mission to raise awareness about the risks of non-compliant websites, the Malta Gaming Authority or MGA, published a list of 17 unlicensed online platforms, all of which claim that they are regulated by the MGA. The MGA declared that “it has no connection” with the following sites:
The MGA also stated that “Any reference to the MGA and/or gaming licence/s said to be issued by the Maltese Authority, as stated by the above websites, is false and misleading”.
It also reminded consumers not to utilise services provided by an entity unless they have ascertained that the entity in question is authorised to provide such services by the MGA.
Whilst stressing that the gaming regulatory framework obliges authorised persons to comply with strict legal requirements in the interest of consumers, the MGA also provided a list of MGA-licensed entities.
Malta is a place where companies can build sustainable growth within an internationally connected community, said CEO Ivan Filletti
The iGaming professional brings with him more than 15 years of experience in different roles
The agreement sees a selection of Evoplay's portfolio integrated across IZIGROUP's online brands
Mrkts.com, built by the Malta-based team behind Elantil, has launched a B2B prediction market with High Roller Technologies as its first partner
This latest deal further strengthens Yggdrasil’s presence in the Balkans