Committed to ensure smooth functioning of the gaming industry and managing the integrity of sports betting services, the proactive Malta Gaming Authority (MGA) has updated and implemented some security measures.
The MGA’s Sports Betting Integrity Department has updated a number of areas of sports betting safety and integrity measures to better protect the fast-growing gaming industry. One of the updates is about reporting of suspicious betting incidents. The update requires gaming license holders to offer a critical gaming supply in relation to sporting betting events. License holders must notify the MGA in case of a suspicious betting activity on the gaming website.
The regulator has also changed alert process. The integrity department of the gaming regulator will now sent alerts to license holders in case they get any information or knowledge about any sort of suspicious betting. The regulator has assured that the source of the information won’t be revealed to anyone. Without putting the security of anyone at risk, the alert will allow holders of gaming license to become aware of any such issues. The operator of the gaming websites will be able to review their own monitoring systems to make sure that no issues or problems are present.
Thus, the changes will help in increasing awareness on suspicious betting risks across the fast-expanding betting sector as well as enable operators to use the available information to check and update their monitoring systems. If case they find problems with their websites, they will be able to fix and address potential threats.
The new safeguards will be very beneficial to the gaming regulator as well. The regulator will benefit from the new alert system as monitoring will take place at a wider place within the sector. The new process will offer a review and evaluation of sports betting-related risk factors. As the sports betting operators as well as the regulator will be more informed, the chances of protecting the industry from corruption and other risks will be surely be higher.
The changes have been announced just a few days after the gaming regulator announced amendments in previous rules involving sport integrity, including the one that made reporting about suspicious bets mandatory among license holders. The Suspicious Betting Report Requirements were also part of the government’s efforts to a safe and secure gaming space for gambling and sports betting enthusiasts.