The Malta Gaming Authority (MGA) has reminded all licensed sports betting operators of their duties to submit and document suspicious betting reports from 1 January 2021.
The B2C obligation forms part of the MGA’s revamp of Malta’s ‘Gaming Act’ undertaken during 2018, which saw the regulator amend its criteria for gaming authorisations and strengthen its compliance directives.
From 2021 onwards, all licensed operators must inform the MGA directly of any suspicious betting circumstances recorded by their systems/platforms.
In addition, operators must further document and inform the MGA of any circumstances in which ‘one or more bets’ have been voided owing to suspicious activities.
