The Malta Gaming Authority (MGA) is set to introduce new regulations in 2021 that will require Malta-licensed operators to report any type of suspicious betting activity. The new regulations are set to come into effect on 1st January 2021, after the MGA published its suspicious betting activity reporting requirements in May in consultation with operators.
The MGA’s Suspicious Betting Reporting Mechanism (SBRM) will be available for operators on the November 1, 2020. While there is an expectation that operators will report suspect betting activity, the mandatory reporting will not be enforced until January 2021.
An MGA spokesman was quick to assure the industry that continuous consultation and training on the new process would remain in place:
“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.