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MGA Publishes its 2024 Annual Report and Financial Statements

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The Malta Gaming Authority (MGA) has published its Annual Report and audited Financial Statements for the financial year ending 31 December 2024. The report offers an in-depth overview of the performance of Malta’s land-based and online gaming sectors during 2024, while also highlighting the Authority’s key activities and regulatory developments over the past year. It also offers a medium-term outlook for the broader gaming industry, reflecting emerging trends, regulatory shifts and the evolving market landscape.

Key Highlights from 2024

Supervisory Activity & Enforcement

In 2024, the MGA received 28 applications for new gaming licences and issued 17 licences. In addition, the Authority received a further 12 gaming licence renewal applications from operators to renew their gaming licence that was bound to expire in 2024 and issued eight licence renewals.

Low-risk games require a permit, which is valid only for a singular event and expires when the event is concluded. To this end, the MGA issued 1812 permits for non-profit tombola, 19 permits for non-profit lottery and 84 certificates for commercial communication games.

As part of the Authority’s process to assess applications, the MGA carried out just under 1200 criminal probity screening checks on authorised persons, persons holding qualifying interest, directors, key persons and any third parties providing funding or exercising control over an authorised person in both the land-based and online gaming sectors. The Fit and Proper Committee made 64 decisions, 16 of which determined that the criteria to be considered as fit and proper were not met.

The Supervisory Council reviewed 30 gaming licence applications, including new and renewal requests. Out of these, two applications were rejected on the grounds that information or submissions provided were false, misleading, inaccurate, or materially incomplete following the completion of the “Minded Letter” process. One application remained in the “Minded to Refuse” stage.

In 2024, the MGA concluded 13 compliance audits and 116 desktop reviews.

The Authority was notified by the licensees of 123 Technical Information Security Incidents, which the MGA investigated to ensure that no licensed activity was adversely affected.

The Commercial Communications Committee took seven decisions regarding possible breaches of the Gaming Commercial Communications Regulations.

In 2024, the Authority also issued 35 warnings, 25 administrative penalties amounting to €306,250 and reached three regulatory settlements amounting to €61,522. The MGA also suspended two licences and cancelled eight.

AML/CFT Oversight

43 AML/CFT compliance examinations were initiated by the FIAU or by the MGA on its behalf.

60 examinations were concluded, and 11 closure letters were issued to licensees who either addressed the identified issues or where the findings from the compliance examinations were not deemed to be serious and/or systematic.

The FIAU imposed remediation measures and/or administrative penalties on six licensees. The total administrative penalties issued amounted to just under €185,000.

The Authority conducted 37 interviews on prospective MLROs to ensure that candidates meet the required standards of knowledge and awareness of the Maltese AML/CFT legal framework.

Player Protection and Inspections

As part of its efforts to safeguard players and promote responsible gambling, the MGA resolved 3372 requests for assistance (including spill-over from 2023).

To continue safeguarding player funds, the Authority received 1897 player funds reports and carried out 27 data extractions during the reporting period.

The Authority conducted 40 responsible gambling-themed website checks and issued 27 observation letters outlining the issues and areas for improvement.

The MGA investigated 83 cases involving websites that published misleading information and issued 29 public notices on its website.

During the reporting period, the MGA carried out just over 9000 inspections on Gaming Premises (including casinos and commercial bingo halls), Controlled Gaming Premises, National Lottery Outlets including National Lottery Outlets – Controlled Gaming Premises and Non-Profit Tombola.

National and International Cooperation

In 2024, the MGA received 244 suspicious betting reports from licensees and shared 247 alerts on suspicious betting. The Authority participated in 30 investigations across different jurisdictions.

The MGA collaborated with enforcement agencies, sports governing bodies, integrity units and regulatory authorities on 31 requests for information and participated in 39 data exchanges.

The MGA received 85 requests for international collaboration from other regulators. Most of the requests received were generic requests for cooperation or requests for background checks as part of authorisations processes.

The Authority issued 59 official replies to provide feedback on the regulatory standing of its licensed operators to the relevant authorities requesting the information.

The MGA collaborated with local regulating authorities and governing bodies on 161 requests for information.

“Resilience is not just about endurance – it’s about adapting with purpose and staying focused on what matters,” CEO Charles Mizzi said.

“Over the past year, we improved how we work, strengthened our internal processes, and continued investing in the people and systems that support effective regulation. As the sector continues to evolve, the MGA remains committed to anticipating challenges, adapting with purpose, and upholding the standards that define Malta’s reputation as a trusted jurisdiction.”

The post MGA Publishes its 2024 Annual Report and Financial Statements appeared first on European Gaming Industry News.

Gaming Awards

ELA Games Secures ‘Game of the Year’ Nomination for Joker Winpot at SBC Awards Americas

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As a testament to the studio’s commitment to pushing casino entertainment forward, its hit title is up for a major accolade at the upcoming regional ceremony.

ELA Games is pleased to announce that its popular release, Joker Winpot, has been shortlisted for the ‘Game of the Year’ category at the 2026 SBC Awards Americas. This nomination marks an important step forward for the studio, proving that players are actively seeking the kind of distinct, interactive experiences the team loves to build.

A consistent performer in the studio’s portfolio, Joker Winpot blends a dark, character-driven aesthetic with an accessible 1×1 grid format. The main draw of the game is its proprietary Winpot mechanic, a progression-based feature that places decision-making directly into the hands of the player.

As rewards accumulate within the Winpot, players face the tension of either cashing out their current winnings or continuing to spin for larger payouts. This unique approach transforms a conventional slot format into a choice-based experience, earning widespread praise from players and fueling the title’s commercial success.

The winners will be revealed during the official SBC Awards Americas ceremony on June 10, 2026. This year, the event will take place at the Broward County Convention Center in Fort Lauderdale, Florida, bringing together approximately 600 industry professionals.

Set alongside the larger SBC Summit Americas running from June 9 – June 11, the evening will serve as a central gathering for the industry with opportunities to network and celebrate all the advancements of the past year.

 

The post ELA Games Secures ‘Game of the Year’ Nomination for Joker Winpot at SBC Awards Americas appeared first on Americas iGaming & Sports Betting News.

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BETBY

BETBY launches fully priced World Cup bracket as part of tournament offering

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BETBY, the leading Tier 1 sportsbook provider, has announced the launch of its comprehensive World Cup offering, led by one of the most distinctive advantages currently available to operators: odds on the entire World Cup bracket already available, before the official draw takes place.

Released exactly one month before the opening match, BETBY’s World Cup package gives operators a crucial head start, enabling them to activate campaigns and capture player interest well ahead of kickoff.

The offering also provides operators with an additional marketing tool to drive engagement and maximise player interaction in the lead-up to the tournament.

By providing a fully pre-priced tournament structure across all potential matchups, BETBY allows operators to offer betting markets from the group stage through to the final from day one.

This early availability extends the betting lifecycle significantly, giving players the opportunity to engage with the full tournament narrative in advance and driving sustained activity throughout the build-up to kickoff.

To further enhance engagement during the tournament, BETBY is introducing microbetting for the World Cup, enabling wagers on events occurring within one-minute intervals throughout each match. With at least 90 intervals per game, players can bet on outcomes such as throw-ins, fouls, corners, offsides, goals, and goal kicks.

This real-time, high-frequency betting format transforms the viewing experience into a continuous stream of opportunities, keeping users actively engaged from kickoff to the final whistle while increasing interaction levels, boosting ARPU, and strengthening retention.

Complementing this is BETBY’s eWorld Cup, an esports experience that replicates all tournament matches in a short-format, high-frequency environment.

With matches lasting just a few minutes, the e-sim ensures continuous football action, helping operators fill off-peak gaps and overcome time zone challenges while maintaining consistent user engagement.

The product is fully customizable, allowing operators to tailor visuals, teams, match configurations, and margins to align with their brand and commercial strategy.

BETBY’s World Cup offering is further supported by a dedicated tournament hub, designed to centralize all content, data, and betting opportunities within a single interface.

Users can explore group stages and full bracket progression, access event pages, view promotions and line banners, watch video content, and analyze detailed statistics, creating a more immersive and informed betting experience.

The package includes boosted odds across all World Cup events, daily featured offers, and a wide selection of prebuilt “hot” combos with enhanced pricing, giving operators the flexibility to engage a broad player base, from high-value users to casual bettors.

Operators also benefit from one of the most extensive market coverages in the industry, spanning main markets, outrights, props, and special bets, supported by a trading team ready to accommodate bespoke requests.

By combining early market availability, real-time engagement tools, continuous betting opportunities, and deep trading flexibility, BETBY delivers a complete solution designed to maximize operator performance throughout the World Cup.

“As the biggest sports event worldwide, the World Cup is as much about preparation as it is about execution,” said Chris Nikolopoulos, Chief Commercial Officer at BETBY.

“By being the first B2B sportsbook provider to make the full tournament bracket available ahead of the draw, we’re giving operators a clear advantage: the ability to start engaging players earlier and build momentum well before kickoff.

At the same time, other features like microbetting and our eWorld Cup ensure that engagement stays high throughout every stage of the competition.

We’re delivering a complete content portfolio that allows our partners to maximize both player activity and revenue across the entire World Cup cycle.”

BETBY

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.

For more information visit betby.com

The post BETBY launches fully priced World Cup bracket as part of tournament offering appeared first on Americas iGaming & Sports Betting News.

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Almir Ribeiro

BetMGM Brazil hires veteran journalist to lead government relations

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BetMGM Brasil has appointed Fernando Vieira de Mello, a journalist with more than 30 years of experience across media, journalism and entertainment, to strengthen its government relations strategy in the country.

The hire comes as Brazil’s regulated betting market enters a phase of consolidation and maturity.

Vieira de Mello is widely recognised in Brazil’s communications market for his career at Grupo Globo, TV Bandeirantes, Rádio Bandeirantes and TV Cultura, where he held roles as reporter, anchor, journalism director and institutional relations executive.

Most recently, he served as director of institutional relations for São Paulo at Grupo Globo, building dialogue with market segments and regulatory bodies across the Brazilian ecosystem.

“Fernando brings a rare combination of experience in communications, management, institutional relations and a deep understanding of Brazil’s media ecosystem,” said Almir Ribeiro, CEO of BetMGM Brasil.

“His arrival further strengthens our long-term vision for the country.”

Vieira de Mello pointed to the scale of the opportunity ahead.

“Few sectors in Brazil will go through such an intense process of transformation and reputation building over the coming years as online betting.

BetMGM enters this moment with very solid attributes: an operation backed by two global groups of enormous credibility, exclusive focus on regulated markets and a clear long-term vision for Brazil.”

The appointment reflects BetMGM’s broader effort to deepen engagement with strategic stakeholders and advance its governance, responsibility and sustainable market-building agenda in Brazil.

BetMGM Brasil

Launched in January 2025, BetMGM Brasil is a joint venture between MGM Resorts International and Grupo Globo. Headquartered in São Paulo, the company was among the first 14 operators to receive definitive authorisation to operate in Brazil’s regulated betting market.

Beyond Brazil, BetMGM offers online gaming and betting platforms in 29 regulated US states and across Europe.

The post BetMGM Brazil hires veteran journalist to lead government relations appeared first on Americas iGaming & Sports Betting News.

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