Malta Gaming Authority updates regulatory oversight approach for 2025
The regulatory body has posted a number of updated policies for the year ahead.
Key points:
– The Malta Gaming Authority has updated its regulatory policy for 2025
– Its new framework seeks to draw an enhanced focus on sports betting integrity and responsible gambling
The Malta Gaming Authority (MGA) has posted the outline of its new supervisory focus, citing an enhancement in its oversight approach as part of a new policy for the year ahead.
Indeed, as part of its newly updated regulatory approach, the MGA has specified an enhanced focus on three areas, including; risk-based resource allocation, enhanced collaboration and proactive risk management. Overall, the authority has stated that these new measures come as part of a broader alteration in strategy which will see the implementation of a more evidence-driven and outcomes-focused model.
As specified by the MGA, the regulatory body believes this new approach will allow it to more effectively flag and tackle risk areas within the market – as well as allowing for the improved allocation of company resources. More specifically, these new measures look to address the areas of sports betting integrity – alongside responsible gambling.
Also unveiled as part of this update was the organisation’s new MGA Supervisory Toolkit – which outlines the current methodology employed by the regulator in its supervisory endeavours, including full-scope and focused inspections, supervisory meetings and reviews, as well as mystery shopping techniques.
Good to know: The Authority’s recent enhanced focus on responsible practices began last summer with the introduction of a new ESG hub for licensees
Following on from this, in November the MGA awarded its first ESG Code Approval Seal to online gaming licensees, in recognition of operators’ efforts to enhance their respective business practices.
Elsewhere, the authority also issued a warning on unauthorised gaming websites in the jurisdiction last Q3. Shortly after, the MGA posted its Interim Performance Report for H1 2024 – highlighting an increase in player protection efforts, alongside 611 probity screenings and eight new licences issued during the time period.
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