GR8 Tech secures MGA Recognition Notice
The notice authorises the provider to expand its product offerings in Malta.
Key points:
– GR8 Tech has received a Recognition Notice from the MGA
– This notice allows GR8 Tech to expand its product outreach in Malta
Supplier GR8 Tech has been issued a Recognition Notice from the Malta Gaming Authority (MGA), permitting the company to further enhance its product outreach within the Maltese jurisdiction.
As specified by GR8 Tech, this MGA Recognition Notice grants the same rights to the company as an MGA B2B licence. Now, as per this latest development, the supplier has specified that it will look to expand the presence of its iGaming services, Hyper Turnkey Solution, Infinite Casino Aggregation and Sportsbook Turbo iFrame in Malta – as it looks to further enhance its customer engagement in the European market.
Commenting was Yevhen Krazhan, GR8 Tech CBDO, who said: “Being granted the Malta Gaming Authority recognition is a big step for GR8 Tech. It highlights the strength and trust in our solutions, opening the door to new partnerships and opportunities. We’re excited to grow our presence in this respected market and deliver even more value to our clients, helping them succeed with our high-performance products.”
During November 2024, the MGA released its 2023 annual report highlighting an increase in enforcement action, alongside 15 new licences issued. Further, the Authority also awarded its first ESG Code of Approval Seals to online gaming licensees.
Good to know: Across the gaming industry, an MGA licence is recognised as a high-standard seal of approval for regulatory compliance
This latest news follows a period of executive leadership transition for GR8 Tech, which saw the appointment of Sergey Ghazaryan as Chief Revenue Officer and Oleksandr Feshchenko becoming the new company CEO as of 1 January.
Prior to this, the supplier also entered a new sportsbook collaboration with Betbazar in November, as well as entering a new partnership with Jugabet in Peru towards the end of last year’s third quarter.
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