Malta’s Gaming Authority (MGA) has updated its suspicious betting rules as it looks to address the threats posed by match-fixing and malicious wagers
Malta’s Gaming Authority (MGA) has updated its suspicious betting rules as it looks to accost the threats posed past match-fixing and malicious wagers.
The revised measures include cay amendments to the regulator’s ‘suspicious betting reporting requirements’ and ‘suspicious betting alerting process’, with suppliers beingness unnatural the to the highest degree by the MGA’s updated rules.
From 1 Oct 2021, the suspicious betting reporting requirements hold to suppliers as swell as operators.
In a statement, the organisation said: “The Authority has revised the suspicious betting reporting requirements and commencing from 1 October 2021, the requirements at present include licensees that offering a vital gaming provide relating to betting on sports events.
“This agency that now, both licensees that proffer a gaming service and/or a vital gaming furnish relating to betting on sports events must notify the Authority of any instance relating to suspicious betting.”
In addition, the regulator has started to notify licensees of any suspicious sports betting activity without disclosing its sources.
“The Sports Betting Integrity department started alerting its licensees with any knowledge of suspicious betting activity inwards its possession.
“Without telltale(a) the germ of the information, the Authority started informing its licensees of any instances of suspicious betting activity inwards telling to any case that has been adverted by such.”
The MGA claimed that this amendment to its alerting physical process will live beneficial for both operators and the Authority by creating a to a greater extent robust monitoring framework that licensees can buoy habituate to improve their own systems.
It hopes that these changes testament further a safer and to a greater extent informed Maltese cat betting sector, as considerably as allowing for the holistic look back and evaluation of the sports betting risks faced by the manufacture at large.
“In this regard, the Authority’s Sports Betting Integrity department continuously seeks ways of up monitoring and reporting capabilities across the wider Malti sports betting sector,” it said.