Malta Gaming Authority (MGA) Expands Suspicious Betting Reporting Rules
In an effort to strengthen customer’s protection and shield the industry from threats posed by match-fixing and malicious sports betting, the Malta Gaming Authority (MGA) has made amendments to its suspicious betting reporting requirements. Reporting rules now also apply to suppliers.
In revisions of its policy, the suspicious betting reporting requirements now apply to suppliers as well as operators. Suspicious betting activity will now also have to be reported to the MGA by suppliers, whereas previously the sole responsibility was with operators.
In any case of suspicious betting activity, MGA’s sports betting integrity department will inform all licensees, without revealing the source of the information.
The MGA commented:
“One of the Malta Gaming Authority’s commitments is to take a proactive approach in managing sports betting integrity with the aim of addressing the threats posed by match-fixing and malicious sports betting.”
“In this regard, the Authority’s Sports Betting Integrity department continuously seeks ways of improving monitoring and reporting capabilities across the wider Maltese sports betting sector.”
In June this year, the MGA made some significant revenue boosting changes by amending its Player Protection Directive. The minimum return to player (RTP) percentage was lowered from 92% to 85%.
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Author: iGaming Team