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Malta Gaming Authority soon to start licensing DFS sites

There are many hot topics within the world of gambling right now, but none of which are any hotter than the debate surrounding daily fantasy sports (DFS). In the United States, DFS stands as one of the only forms of gambling accepted by the UIGEA. Given its weight in North America, it appears that DFS is soon to make an impact on European shores.

Daily Fantasy Sports

While DFS is already accessible under various different gambling licenses in Europe, due to the lack of fully-fledged backing, it hasn’t quite picked up steam as many would have hoped. But that could soon be about to change, as the Malta Gaming Authority has plans to start issuing specific DFS licenses.

License system under construction

As mentioned above, DFS firms can legally operate within Europe already, specifically under the license issued by the UK Gambling Commission (UKGC). But an issue still surrounds its lack of a dedicated license, something that the MGA is looking to change. While the actual distribution date of the first of such licenses isn’t currently known, at least the industry does know that a DFS license certification system is under construction. Many believe that when this new license sees the light of day, it will allow DFS popularity to grow in Europe. malta gaming authority

Skill Games

The obvious reason for the creation of a dedicated DFS license is because the game has strong elements of skill and knowledge, which sets it apart from other forms of gambling. Speaking on the creation of the license, Valery Bollier ( CEO) praised the decision; “MGA’s team had foreseen the rise of a future Skill Game industry in Europe a few years ago. Malta has proven to have a very competitive jurisdiction because of its pragmatism and its ability to adapt itself quickly to the sense of history.” 

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