Daily Fantasy Sports firm Oulala achieves Malta skill gaming licence

The innovative Malta Gaming Authority‘s Controlled Skill Gaming licenses, which provide a lower level of regulation at the social gaming-gambling overlap, are proving popular.

The Authority defines such games as those where skill is a predominent factor, but in which there remains an element of chance.

DFS giant DraftKings was the first to avail itself of the new licence category, which is presently unique to the MGA, but this week rival Oulala, which is also involved in b2b activity, advised that its application has been successful.

Commenting on the achievment, Oulala m.d. Benjamin Carlotti said:

“The authorities in Malta were the first to appreciate the impact of DFS’s potential in Europe, and the MGA was in fact the first regulator to acknowledge our needs. We are incredibly proud to be participating in the development of a licensing framework that regulates skill-based games, fantasy sports included.

“This was a highly significant step in the right direction, and our hope is that other European regulators will soon follow suit.”