With the 2022 FIFA World Cup Qatar taking place between Sunday 20th November 2022 to Sunday 18th December 2022, licensees may experience an increase in betting activity, the Malta Gaming Authority (MGA) pointed out in a statement.

In this regard, the MGA would like to remind its licensees offering sports betting of their obligations in relation to suspicious bets recorded on their platforms, as per regulation 43 of the Gaming Authorisations and Compliance Directive (Directive 3 of 2018).

Furthermore, the MGA reminded licensees that during this period, the MGA may communicate alerts or requests for information on events of interest that would potentially require an additional review from a sports betting integrity perspective.

More information regarding the Suspicious Betting Reporting Requirements, and any other obligations thereof, can be found in the Guidance Paper on the Suspicious Betting Reporting Requirements & Other Sports Integrity Matters.

Additionally, the MGA noted that licensees and third parties acting on their behalf are required to adhere to the requirements established in the Commercial Communications Regulations (S.L. 583.09), particularly that any form of advertisement must be socially responsible and, inter alia, must not target or cause harm to minors and vulnerable persons, in a direct or indirect manner.

The MGA urged its licensees to remain compliant with the Commercial Communications Regulations, to communicate this information to any affiliates and remain vigilant and ensure that their brands are not being promoted in an unethical and socially irresponsible manner.

Continue Reading

IZI Finance generates a pre-tax profit of €323,142 during the final six months of 2023

29 February 2024
by iGamingCapital.mt

An upturn in revenue largely came from operating Malta's National Lottery

EGBA welcomes confirmation of Frankfurt as seat of new EU anti-money laundering authority

28 February 2024
by iGamingCapital.mt

AMLA, which will commence operations in mid-2025 with over 400 staff members, will possess both direct and indirect supervisory powers over obligated entities, including the EU’s biggest financial institutions

‘People who fix things and those with a vision – that’s the fire I’m looking for’

27 February 2024
by Ramona Depares

VentureMax CEO Justin Anastasi reveals bold plans to support innovative tech projects in 2024

Betting sites in Malta: A deep dive into the pulse of Maltese gaming

26 February 2024
by iGamingCapital.mt

Online betting is now more popular than ever, and all across Europe, users can sign up to licensed and trusted betting sites in Malta

See more