The Malta Gaming Authority’s (MGA) sports betting integrity department has made changes to its suspicious betting reporting requirements, including now enforcing the reporting rules for providers.
A policy review sees suspicious betting reporting requirements now apply to providers 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.
In addition, the Sports Betting Integrity Department will inform all licensees of any suspicious betting activity in connection with an event they are promoting, without revealing the source of the information.
It is hoped that the changes will result in a more informed Maltese betting industry, with better monitoring of suspicious betting activity and a more holistic review and assessment of the sports betting risks facing the industry.
The MGA said: “One of the commitments of the Malta Gaming Authority is to take a proactive approach in managing the integrity of sports betting with the aim of addressing the threats posed by match-fixing and sports betting. malicious.
“In this regard, the Authority’s Sports Betting Integrity Department is continually looking for ways to improve monitoring and reporting capabilities across the Maltese sports betting industry.”
This decision follows changes to Malta’s integrity rules which made the reporting of suspicious bets mandatory from the start of 2021 for operators. The MGA opened a consultation on this matter 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.