MGA Releases Sports Integrity Policy As Part of the Industry’s Pandemic Response
The COVID-19 pandemic has disrupted our day to day lives, and it features a ripple impact on all economic activities and business including gaming. Today, most sporting and betting events are stopped and several gambling halls stopped accepting real cash bets from its players. However, not all players and stakeholders in the iGaming business are enduring the results of a pandemic. There are still some businesses that continue steadily to thrive in the face of these challenges.
Like on the web casinos and on line sportsbooks are operating due to the flexibility and convenience that it provides to its clients. Many agencies understand the initial role of on line gambling sites which is the reason why Malta Gaming Authority (MGA) and other licensing bodies are taking notice. With the unprecedented challenges posed by this pandemic, the Malta Gaming Authority aims to strengthen its industry outreach efforts.
MGA Releases New Policy for Online Casinos
MGA has released its latest policies and guidelines as part of its effort to guard the integrity of on the web gaming in the full time of a pandemic. These recommendations also seek to warn betting operators of the possible risks posed by this pandemic. For instance , MGA urged operators to consider the potential of eSports to improve the sports market eSports are run on the web. eSports, today, is dominating the betting market thanks to aggressive marketing and the option of different eSports from Call of Duty to League of Legends. Nevertheless , these sporting events lack standard integrity checks. To help address these concerns, operators also needs to inform their customers that matches are not prerecorded and broadcast are not always shown in real-time. Also, there's always a delay between matches and their public broadcast. In a nutshell, MGA is telling casino operators to be more transparent in the delivery of eSports betting services.
Integrity Controls Should Be in Place
Furthermore, MGA also encouraged operators to get accurate information regarding eSports participants. That is to make sure that no fraud can happen through the betting event. During tournaments, MGA recommends that operators should determine whether these events take advantage of integrity controls. They should also manage to identify whether the participants are professional or not too that the right betting market suits them best.
Tournament organizers and the sports governing bodies (SBGs) are also urged by MGA to have necessary revisions in their policies on the misuse of information about those involved participants in the eSports events. The licensing human body also advised operators to keep their clients informed of the difference between eSports and virtual sports. The outcome of virtual sports is decided through a random number generator. In addition , the operator should report right to MGA in case there is suspicious betting activity. For suspicious activities not related to betting, casino operators should report it to the corresponding SGBs or tournament organizers.
Popular AU Online Casinos and Sportsbooks Regulated by MGA
If you’re from Australia, you can find several on line casinos and bookies that are fully licensed by the MGA. Two of the most popular gaming platforms are LeoVegas Casino and Royal Panda. LeoVegas is better known because of its mobile app allowing customers to play casino games and bet on sports using mobile. Royal Panda, alternatively, houses premium slots and fantastic bonuses which can be updated regularly.
Written for tobjl.info by Adiela de Bruyn on 13-04-2020