MGA Reporting Unusual Betting Trends Mandatory

Sportsbook operators will be forced to report any unusual betting trends from 1 January 2021 under new rules issued by the Malta Gaming Authority (MGA).

The new standards follow a seven-week consultation that aimed, alongside a number of other steps, to collect input on the proposed Suspicious Betting Reporting Criteria.

The MGA announced that it aims to provide all B2C-licensed operators with its Suspicious Betting Reporting Mechanism (SBRM) on 1 November 2020, enabling the operators to send reports.

MGA also confirmed that a manual on how to use the system would be given to all B2C operators for ease of reference prior to the SBRM being made available.

Furthermore, the regulator has also confirmed that it will publish periodic reports on the progress of the cases reported.

A spokesperson for MGA commented: “As already reiterated throughout this consultation process, the MGA’s SIU is adamant to continue increasing its collaboration efforts with both its licensees and other stakeholders interested in safeguarding the integrity of sports and sports betting.

“Hence, the MGA’s SIU intends to continue discussing potential policy initiatives with its licensee via consultation processes, whilst also looking to start organising workshops, bi-annual round tables and a Sports Integrity forum involving all stakeholders.”