TG Lab extends European Presence With MGA License

After being granted a Critical Gaming Supply License by the Malta Gaming Authority (MGA), Omni-channel platform provider TG Lab has extended its presence within the European igaming industry.

As the supplier’s turnkey technology has already received certification in Sweden , Denmark, Lithuania , Latvia and Estonia, Malta is the most recent jurisdiction to award TG Lab a supplier licence.

TG Lab VP of Business Development, William Jur, said: “Securing our MGA B2B licence is a major milestone for our business as we continue our expansion. Our omni-channel iGaming software service is now more readily available and enables us to strike more mutually beneficial partnerships.

“Speed to market of localised solutions is vital and our modular approach ensures this commitment delivers unceasingly. We are ready to back our partners in any regulated market they target, anywhere in the world. That is part of our core strategy and it works well.”

TG Lab has also announced plans to expand into Spain, the United Kingdom and Australia as it aims to expand its reach across controlled markets.

Earlier this week, after the regulator found ‘systemic defeciencies’ in its compliance with AML/CFT obligations, the MGA cancelled the licence of Playbay Malta Limited, which runs HDbets.com.

As a consequence, Playbay Malta will no longer be allowed to conduct any gaming operations, to register new players or to accept deposits from new customers.