MGA includes suppliers in new suspicious betting reporting rules
The sports betting integrity department of the Malta Gaming Authority (MGA) has made amendments to its suspicious betting reporting requirements, including making reporting rules now also apply to suppliers.
One revision of the policy sees the suspicious betting reporting requirements now apply to suppliers as well as operators. This means that suppliers will now have the same obligation as operators to report any suspicious betting activity to the MGA.
Furthermore, the sports betting integrity department will inform all licensees of any suspicious betting activity in relation to an event they are promoting, without revealing the source of the information.
It is hoped that the changes will bring about a more informed Maltese betting sector, with better monitoring of suspicious betting activity and a more holistic review and evaluation of the sports betting risks faced by the sector
The MGA said: “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.”
The move follows changes to Malta's integrity rules that made suspicious bet reporting mandatory from the start of 2021 for operators. The MGA opened a consultation on this in May 2020, after the launch of its Sports Integrity Unit (SIU) in 2019.
The MGA recently reported a 5.3% drop in revenue for 2020, which it said was due to the novel coronavirus pandemic.