Bet365 and BetConstruct are thrilled to reveal that they have been awarded online sports betting licenses by the Malta Gaming Authority (MGA).
A few days ago the MGA made an announcement to the effect that it had awarded a Class 2 remote gaming license to the Maltese subsidiary of the Stoke based Bet365.
According to a spokesman for Bet365 the company made the decision to add a MGA license to its existing Gibraltar license “so as to obtain and maintain certain regulatory approvals as well as support its operations in the evolving global regulatory environment”.
The Class 2 gaming license awarded to Bet365 from the MGA is the second regulating body to back the company’s sports betting operations. Bet365 also holds a betting license in Gibraltar. Bet365 has set up a marketing company in the country in order to support the licensing and is due to commence operations immediately.
The MGA also announced that BetConstruct, one of the leading gambling tech providers, has been issued a Class 4 remote gaming license that covers sports betting services and provisions. The license will see BetConstruct being allowed to offer its platform to different operators in the European betting market. BetConstruct’s first sports betting customer, Vivaro, also recently received a Class 2 gaming license by the Malta Gaming Authority.
Vahe Baloulian, the Chief Executive Officer at BetConstruct, said that the new diploma would “further enhance their ability to serve existing as well as future partners, including those who wish to operate under the white label arrangement.