Sky Betting and Gaming apply for MGA license

The Malta Gaming Authority (MGA) has received a formal application from Sky Betting and Gaming for a sports betting license.

“We are delighted that a prestigious operator and brand like Skybet applied for a license with the MGA,” Joseph Cuschieri, executive chairman of the MGA said.

“The fact that Skybet applied for a license in Malta is testimony to our reputation and encourages us to keep raising the bar in innovation, governance and thought leadership in gaming regulation.”

In related news, the MGA published regulatory data for the first four months of 2017 revealing a 79 percent increase in license applications and a 33 percent increase in licenses issued compared to the first four months of 2016.

The upsurge in applications is attributed to an increase in traditional gaming products as well as the recently introduced Skill Games Regulations such as fantasy sports.

Furthermore, the MGA said it had registered an increase in enforcement activity between the same period over the last three years.