Malta-based firm is licensed under MGA/SGR/B/30/2017

Malta – March 2017 – Daily fantasy sports (DFS) platform provider Oulala.com has been handed the first official controlled B2B skill games licence from the Malta Gaming Authority (MGA).

The B2B-focused company has successfully reached its goal that was set four year ago – to be regulated separately from other iGaming activities. In order to operate legally in the UK market, the Malta-based firm had to acquire a remote gambling licence simply because of the lack of proper regulation.

Initially, national regulators in Europe showed little interest in diving into the Daily Fantasy Sports (DFS) world. ”The authorities in Malta were the first in foretelling the impact of DFS’s potential in Europe, and the MGA was in fact the first regulator to acknowledge our needs,” explained Benjamin Carlotti, one of the co-founders and Managing Director at the company that offers an award-winning fantasy football platform for API integration as well as a complete turnkey solution. ”We are incredibly proud to be participating in the development of a licensing framework that regulates skill-based games, fantasy sports included. This was a highly significant step in the right direction, and our hope is that other European regulators will soon follow suit.”