Malta Gaming Authority issues esports warning to operators
The Malta Gaming Authority (MGA) has warned operators about the risk involved in offering betting markets in esports, as customers turn to the vertical during the absence of live sport.
With all major sport either postponed or cancelled since mid-March due to the ongoing coronavirus outbreak, the regulator acknowledges operators will look elsewhere to fill the void a lack of sports betting has left, with esports seeing a significant boost.
But due to the fact events in alternative verticals don’t run to the same professional degree as traditional sports events, the MGA says offering markets such as esports comes with added risk.
The MGA has therefore released a list of guidelines it expects operators to adhere to during this period.
These include operators ensuring matches are not pre-recorded and operators making sure customers know the difference between esports and virtual sports.
The regulator also recommends operators seek information about participants involved in events, as well as maintaining betting integrity and fraud checks, while any suspicious betting activity should be reported to the regulator.
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