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Prediction Markets Regulation Underway In Malta

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Malta is seeking to position itself as a European hub for prediction markets, after a senior minister revealed that officials are working on new regulations, but what does the island stand to gain?

Visiting a suite of new tech sector offices last week, Economic Minister Silvio Schembri told reporters that Malta is pushing forward with plans to licence predictions operators.

“We are actively exploring the emerging field of prediction markets, an area experiencing rapid global momentum which presents significant opportunities for innovation, provided it is supported by clear, forward-looking legislative framework that enables it to develop responsibly and at scale,” he said.

Having emerged initially in the United States, prediction markets offer a kind of combination between financial trading and betting. Operators provide the ability to buy shares in two-sided contracts that will pay out depending on which event occurs.

The products have proved popular with consumers, particularly younger and more crypto-native audiences, who are attracted to its simplicity and the belief they can profit from their skill at predicting events.

Contracts can, in theory, be offered on anything — and this unrestrained freedom has led to some difficult headlines.

There have been allegations of insider trading, particularly relating to bets on the Iran war, and there have also been several contracts offered on the survival of various world leaders, leading to questions of whether it is ethical to profit from gambling on death.

The minister’s announcement pledged to allow predictions operators to “develop responsibility”, meaning Malta will need to decide whether it wants to permit the more controversial fringes of the predictions world to exist within its potential ecosystem.

Controls around insider trading and sports integrity will also need to be deeply considered, unless the island wants to repeat its damaging run-in with the Financial Action Task Force (FATF).

Europe remains cautious

These contentious contracts may dominate the airwaves, but — as explained by Yoni Sidi of predictions operator Winpot in a recent episode of the iGaming Exchange — despite all the headline grabbing bets on war and international assassinations, the product is still driven overwhelmingly by sports contracts.

This factor is at the core of its divisive status in the US. Predictions operators have effectively sidestepped state-by-state sports betting regulations, massively reducing their compliance overheads and tax burden, while still offering customers markets on the world’s biggest sporting events.

This has riled traditional operators in the US, but it is not immediately obvious that this same dilemma would be present for predictions providers that might end up being licensed in Malta.

It is highly unlikely that the EU will introduce rules that allow event contract markets to exist outside of national gambling regulations. Meanwhile several influential regulators, inside and outside the EU bloc, have already made their suspicions about this new vertical clear.

The UK Gambling Commission said earlier this year that prediction markets are close enough betting exchanges that any operator wishing to enter the British market would need an exchange licence.

The Netherlands Gambling Authority (KSA) has meanwhile threatened predictions giant Polymarket with fines of up to €840,000 if it does not leave the Dutch market. If Polymarket were ever to return to the Netherlands with a Maltese licence in hand, but no local Dutch approval, it is hard to imagine that the KSA would have a different reaction.

It begs the question of whether regulating prediction markets in Malta could ease European adoption of this new sector?

While it might not allow predictions operators to immediately passport their wares into other EU nations, predictions boosters will be hoping the project establishes a foundation of respectability and compliance that smooths their passage into local markets, even if the cooperation of local regulators will still be required.

“If Malta creates a clear framework, it could accelerate adoption across the whole industry,” said Yoni Sidi, speaking to EEGaming after Minister Schembri’s announcement.

“The challenge won’t just be just the licensing: I think it will be building products that balance liquidity, integrity, and user trust. Regulation is, I believe, a good and important first step.”

Right time, right place

The pivot to predictions also comes as Malta adapts to a growing need to diversify away from the igaming paradigm it established through its trailblazing acceptance of online gambling in the early 2000s.

There’s no doubting that the proliferation of local European licensing and the gradual judicial shutdown of EU grey markets has degraded the overall value of a Maltese licence.

That has left the island looking for alternatives: whether that be in bolstering its support for the B2B sector or to simply provide a base of operators for providers that want to offer into unregulated spaces outside of Europe.

Prediction markets and their unusual mix of financial trade and betting product potentially provides Malta with another much needed vector for growth.

“When it comes to remote gaming regulation, Malta has always been one of the leading jurisdictions. But times have changed, and state- and country-specific regulations take their toll on demand for remote licenses,” said Shmulik Segal, the founder of Media Troopers, an affiliate company that regularly works in the predictions space.

“Living in Malta and leading Media Troopers, which has a base here, I am very happy to see the Malta Gaming Authority taking the initiative to stay relevant and protect its position as a leading regulatory jurisdiction.

“Prediction markets span across cryptocurrency, finance, sports, world events, and pretty much anything people can speculate on. So the MGA getting involved is a great opportunity for the island’s economy to develop and diversify,” he said.

The post Prediction Markets Regulation Underway In Malta appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Best eSports Supplier

BETBY secures fifth award in six months with best eSports Supplier win at Sigma Europe

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BETBY, the provider of B2B sportsbook solutions, has been named Best eSports Supplier at the SiGMA Europe Awards 2026, further reinforcing its position as one of the industry’s leading innovators in esports betting.

The awards ceremony took place at Casino Maltese in Valletta, Malta, bringing together key stakeholders from across the global iGaming industry to recognise companies driving excellence, innovation, and growth across the sector.

This latest accolade highlights BETBY’s continued investment in its proprietary esports feed, Betby Games, which has become a central pillar of the supplier’s sportsbook offering.

Built to deliver fast-paced, high-frequency betting content, Betby Games combines 35+ titles with scalable event coverage, engaging market depth, and strong customisation capabilities to help operators strengthen player engagement across both mature and emerging markets.

The award also reflects the continued evolution of BETBY’s esports strategy, which has expanded beyond standard content to include localised titles, including eKabaddi and eVaquejada, innovative formats, and technology-driven enhancements designed to support operator differentiation.

Through Betby Games, BETBY continues to provide partners with a flexible esports solution that can be adapted to regional preferences, audience behaviours, and market opportunities.

The win marks BETBY’s fifth industry award in less than six months, following recent recognitions at the SiGMA South America Awards for Best eSports Product, the EGR Europe B2B Awards for Best European Marketing Campaign of the Year, the Global Gaming Awards for Breakthrough Company of the Year, and the European iGaming Awards for Sportsbetting Platform of the Year.

Commenting on the achievement, Leonid Pertsovskiy, Chief Executive Officer at BETBY, said: “Winning Best eSports Supplier at the SiGMA Europe Awards is another proud moment for BETBY and a strong recognition of the work our team continues to deliver. eSports has long been one of our key areas of focus, and this award reinforces the strength of our vision, our technology, and our ability to create products that bring real value to operators.

“To receive five major awards in less than six months is a remarkable milestone, but more importantly, it reflects the consistency of our progress. We are continuing to invest in localisation and product depth, ensuring that BETBY remains at the forefront of sportsbook innovation.”

BETBY is a leading B2B provider of top-tier sports betting services, renowned for its groundbreaking technology and dedication to excellence. BETBY’s team of industry veterans tap into their knowledge and expertise to deliver a premium, adaptable, and scalable sportsbook platform tailored to meet the varied demands of operators across the globe.

From dynamic in-play betting options to robust risk management tools and ground-breaking AI tools, BETBY is committed to propelling the success of its partners in the rapidly evolving landscape of online sports betting.

The post BETBY secures fifth award in six months with best eSports Supplier win at Sigma Europe appeared first on Americas iGaming & Sports Betting News.

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BGaming

An Evening Where Care Blooms: BGaming on the Return of the Charity Gala

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Following the success of the inaugural Charity Gala by BGaming, the content studio is returning to The Phoenicia Malta on May 29th for another meaningful evening, bringing the industry together to raise funds for a valuable cause.

The invite-only event will raise funds for the DAR Bjorn in Malta, a care centre for people suffering from ALS, MS, and other life-altering neurological conditions.

In this article, we sit down with CEO BGaming, Marina Ostrovtsova, to discuss the story behind the event, the importance of DAR Bjorn, BGaming’s wider approach to charity, and more.

Can you start by telling us a little bit about DAR Bjorn and explaining why BGaming has chosen to support it?

DAR Bjorn is a cause very close to our hearts at BGaming. It is a neurological centre in Malta that provides care and treatment for people living with neurological conditions such as ALS and MS.

The centre was founded by Bjorn Formosa, who actually comes from the iGaming industry himself. He was diagnosed with ALS at just 28, and I think his story resonates very deeply with many people across our industry. Despite everything he’s faced, Bjorn remains incredibly positive, driven, and committed to helping others, which is something our whole team truly admires.

What also makes DAR Bjorn so special is the scale of the support they provide. Today, they care for around 60 residents across their centers and support nearly 800 more people in the Maltese community. The impact they have on people’s lives is very real and very visible.

And of course, Malta itself is an important home for many of us in iGaming. Supporting a local organisation that does such meaningful work felt like a very natural thing for us to do. We genuinely feel honored to support DAR Bjorn and to help contribute, even in a small way, to the incredible work they do every single day.

Last year was the inaugural Charity Gala by BGaming. What did you learn from that? And what has inspired you to return for a second year?

Last year’s Charity Gala was honestly one of the proudest moments for our team at BGaming. We raised more than €200,000 in a single evening, exceeding all our expectations. Those funds went directly toward supporting the construction of DAR Bjorn’s new Respite Centre, which is now becoming a reality.

But I think the most important thing we learned was how much real impact is actually possible when people come together around a shared purpose. Seeing the industry unite in that way was incredibly emotional and inspiring for all of us.

Sometimes in iGaming, we get so focused on the business side that we forget how influential and connected this industry really is. Last year reminded us that when companies, partners, and people decide to support something meaningful together, the result can be far bigger than anyone initially expects.

That’s really what inspired us to come back for a second year. Once we saw the tangible difference the Gala made for DAR Bjorn and the people supported by the centre, continuing the initiative felt like the only natural next step.

Can you tell us a little bit more about this year’s event and what makes it different from last year’s?

We really wanted this year’s Charity Gala to evolve naturally from what we created last year, not just become bigger, but also more ambitious and impactful.

One of the biggest additions this year is our partnership with NEXT.io as the official media partner, which has helped us bring even more visibility to the initiative across the industry. We’ve also expanded the overall experience for guests, with live music by Versatile, a charity raffle, an art auction, and several entertainment and fundraising activities throughout the evening.

But I’d say the biggest difference this year is the level of clarity around the impact itself.

Last year, the funds raised helped support the construction of DAR Bjorn’s new Respite Centre. This year, the focus shifts toward equipping that centre with very specific medical and care equipment, including ventilators, oxygen concentrators, specialised beds, and resident rooms. So people can very clearly see where the support is going and how it directly improves residents’ quality of life.

And honestly, one of the most inspiring things this year has been the level of support from the industry itself. Seeing companies like Flutter, Alea, SiGMA, MyAffiliates, 1spin4win, Finteq Hub, and Amusnet Gaming come together around the same cause really shows how deeply this initiative resonates within the iGaming community.

Art and creativity sound like they will be two key focuses for the evening. Can you tell us more about this?

Art and creativity have always been a very natural part of BGaming’s identity, so it felt important for us to bring that into the Charity Gala as well. This year, we’re incredibly lucky to collaborate with two outstanding artists, Gonçalo MAR and L7Matrix, both of whom are helping turn the evening into something much more immersive and emotional than a traditional charity event.

The Gala will feature an art auction with works by Gonçalo MAR, alongside a live art performance by L7Matrix during the evening itself. Art has this unique ability to create emotional connection and tell stories without words, which fits very naturally with the spirit of the initiative.

But what makes this year especially meaningful for us is the collaboration with the residents of DAR Bjorn themselves. Together with Gonçalo MAR, they participated in creative workshops that inspired a special merch collection connected to the Gala.

For us, it was important that residents were not simply beneficiaries of the initiative, but actual participants in it. Their stories and creativity became part of the project itself.

The collection will be available during NEXT Summit Valletta and online, with proceeds going directly toward supporting DAR Bjorn and the new Respite Centre.

The DAR Bjorn Charity Gala by BGaming is one of several CSR initiatives and events BGaming has been involved with in 2026. How does this align with the company’s wider philosophy?

CSR initiatives are a very important part of how we see BGaming as a company. We often describe ourselves as being “beyond” a game provider, and for us, that idea goes far beyond products or entertainment alone. It’s also about the kind of impact we want to have in the communities around us.

Whether it’s the Charity Gala by BGaming or initiatives like our recent collaboration with Centurion in Brazil, focused on supporting underserved communities, the common idea behind all of these projects is quite simple: if we have the ability to help, we should use it.

We don’t approach CSR as something separate from the business or as a short-term PR activity. It’s much more about responsibility and long-term involvement. We operate in many different markets around the world, and we genuinely believe it’s important to support the communities connected to them in a meaningful way.

I also think initiatives like this help show a different side of the iGaming industry. People often see the industry only through a commercial lens, but in reality, it’s filled with passionate people, strong communities, and companies capable of creating real impact when they come together around a shared purpose.

The industry has enormous reach, resources, and influence. And I believe projects like this are a reminder that those things can be used not only to grow businesses, but also to genuinely improve people’s lives.

The post An Evening Where Care Blooms: BGaming on the Return of the Charity Gala appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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Compliance Updates

MGA Representative Appointed Co-Chair of GREF InfoStat Working Group

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Erika Spiteri Bailey, the Senior Executive of Business Intelligence & Data Analytics at the Malta Gaming Authority (MGA), has been officially appointed as the Co-Chair of the InfoStat Working Group within the Gambling Regulators European Forum (GREF).

Erika Spiteri Bailey will serve in this role alongside Anssi Airas, representing the National Police Board of Finland.

GREF is a forum for European gaming regulators, facilitating the exchange of views and the development of approaches to common regulatory challenges. Within this framework, the InfoStat Working Group provides a platform for regulators to collaborate and exchange insights on the use of data in support of effective policy development and decision‑making across jurisdictions.

In her role as Co-Chair, Erika Spiteri Bailey will contribute to shaping the group’s work programme and fostering cooperation among members, with a focus on strengthening data‑driven regulatory approaches.

The post MGA Representative Appointed Co-Chair of GREF InfoStat Working Group appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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