Compliance Updates

Online Sportsbook and Casino BETZEST™ goes live with MGA license

Published

6 years ago

January 28, 2020

Online Sportbook and Casino Betzest™ has been granted B2C, Sports Betting and Casino MGA License seal by the Malta Gaming Authority.

This powerful EU and International license opens Betzest the doors to more European markets and guarantees 100% player security and trust to Betzest Casino and Sportsbook verticals.

Online casino and sports betting operator Betzest continues growing its operations since its launch in July 2018. Betzest is quickly becoming one of Europe’s leading and most distinctive online gambling company offering unrivalled sports betting and casino games on its cutting-edge platform powered by SportingTech.

Marius Filip, Founder/CMO at Betzest, said: “We’re thrilled to have received MGA License seal from Malta Gaming Authority, one of the most reputable and trustworthy regulators. We will continue offering Sportsbook & Casino entertainment to our players now under MGA™ license ensuring fully legal, safe and secure online gaming environment. We see it as the biggest milestone in Betzest™ rapid expansion into EU and International markets. We’ve had an extremely pro-active start to 2020 with a remarkable collection of world-class casino and payment providers on the way. I’m certain the best is yet to come.”

Tiago Almeida, CEO at SportingTech, said: “MGA is one of the top authorities in iGaming regulation. Acquiring its prestigious License is a significant milestone for any operator and provider. The issuance of B2B License brings additional value to the Sportingtech brand, organization, and access to the new regulated markets. We are very excited and proud to see our client and partner Betzest go live with newly acquired license in Casino and Sportsbook verticals.”

Cihan Onerci, COO at Betzest said: “MGA license is one of the most reputable licenses all around the world. Operating with the MGA license is a massive accomplishment and milestone for our brand. All our services and operations are authorized with the MGA license. Betzest’s main aim is providing high standards and diversity of games to our players. MGA license will help us to empower our aim to realize it.”

About Betzest:
Betzest is your leading premier Online Bookmaker and Casino operator run by a team of experienced i-gaming experts.
Due to its unique product and marketing proposition, Betzest is rapidly establishing itself as one of the most trustworthy and reliable gaming company.
Betzest is offering unrivalled sports betting and casino games experience now under reputable MGA license. The company operations continue to expand in variety of markets and online gambling verticals such as Live Betting, Live Casino, Live Bingo and Virtual Sports. Betzest boasts its robust and multi-functional online sports betting & Casino operating on SportingTech platform. Today Betzest has more than 60 employees across four offices all committed to delivering amazing player experiences on each of their verticals, partnering with top gaming providers.

Asia

PAGCOR Enforces Accreditation for All iGaming Service Providers by 2026

Published

10 hours ago

October 15, 2025

Niji Narayan

pagcor-enforces-accreditation-for-all-igaming-service-providers-by-2026

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The Philippine Amusement and Gaming Corporation (PAGCOR) has given gaming affiliates, developers and support service providers until early 2026 to comply with its newly implemented B2B Accreditation Framework, a regulatory system that formalises participation in the iGaming supply chain.

Companies that submit applications by December 31, 2025, will qualify for a three-year initial accreditation, while unaccredited foreign content providers face removal from licensed platforms after March 31, 2026.

The framework, which took effect on October 2, sets mandatory accreditation requirements for all third-party entities providing gaming content, systems or technical support to PAGCOR-licensed operators.

Accreditation covers several categories, including gaming affiliates, game content providers (GCPs) and support service providers (SSPs). Gaming affiliates may act as aggregators that distribute multiple game titles to operators, while GCPs are developers or studios supplying electronic game software or live-streamed content.

Accreditation is valid for two years from the date of PAGCOR Board approval, an increase from the previous one-year term.

Foreign data or content streaming providers that fail to secure accreditation by the March 2026 deadline will have their content deemed “non-compliant and unauthorized.” They may appoint a Philippine-registered company or a PAGCOR-accredited Gaming System Administrator as their exclusive distributor instead of setting up a local office.

PAGCOR has warned that licensed operators using unaccredited service providers may face sanctions.

The post PAGCOR Enforces Accreditation for All iGaming Service Providers by 2026 appeared first on European Gaming Industry News.

CGA

Curacao Gaming Authority statement

Published

15 hours ago

October 15, 2025

George Miller

Reading Time: < 1 minute

The Gaming Control Board (GCB) is a foundation established on 19 April 1999 with the specific purpose of becoming the supervisor of the entire gaming industry operating in and from Curaçao. With the entry into force of the National Ordinance on Games of Chance (LOK) on 24 December 2024, the GCB has been designated as the Curaçao Gaming Authority (CGA) and will continue operations under this name.

The CGA is led by a Board of Directors under the supervision of a Supervisory Board. Until recently, the CGA fell under the political-administrative responsibility of the Minister of Finance; since 19 august 2025 this responsibility has been transferred by the government to the Minister of Justice, as announced by the government on 13 october 2025.

In the context of its activities and its commitment to transparency, the CGA confirms that the Supervisory Board resigned in mid-September. The process to appoint new members by the government has already begun. This development has no impact on the performance of the CGA’s supervisory duties, including the continued implementation of the National Ordinance on Games of Chance (LOK). All licensing and supervisory activities continue uninterrupted.

The Curaçao Gaming Authority remains committed to ensuring the integrity and reliability of the gaming sector in Curaçao.

The post Curacao Gaming Authority statement appeared first on European Gaming Industry News.

Compliance Updates

KSA: Monitoring report autumn 2025: turnaround in market development, concerns about illegal share

Published

16 hours ago

October 15, 2025

George Miller

ksa:-monitoring-report-autumn-2025:-turnaround-in-market-development,-concerns-about-illegal-share

Reading Time: 2 minutes

The growth of the legal online gambling market appears to be stagnating, but the illegal market continues to grow. This turnaround in the legal market is partly due to the positive effects of measures introduced a year ago to protect players. This is according to the Dutch Gaming Authority (Ksa) in its autumn 2025 monitoring report. Although the number of players is still increasing, the gross gaming result (GSR) of the legal market is lagging behind.

The gross gaming result (GSR, stakes minus prizes paid out) for the first half of 2025 is €600 million. Six months earlier, it was 16% higher, at €697 million. This is partly due to the introduction of new rules to better protect players, which also include a deposit limit.

Number of players and accounts

The number of accounts played on a monthly basis has increased: in the second half of 2024, this averaged 1.18 million accounts. In the first half of 2025, this number rose to 1.29 million. On average, 7.1% of the accounts are new. More new accounts are likely being created because, with the implementation of the new rules at the end of 2024, players will be able to deposit less per account monthly without sharing their income data with the provider.

A player can have multiple accounts, so the number of accounts doesn’t equal the number of people gambling. It’s estimated that in the first six months of 2025, there were 839,000 active players with legal providers. This means that 5.7% of the adult population gambled legally online during those months. That’s slightly more than the previous six months, when that percentage was 5.4%.

Loss

The average player’s monthly losses have decreased substantially since the implementation of the protective measures. While the average loss per player was €146 per month at the end of 2024, it has dropped to €119 per month by the beginning of 2025. This takes into account the fact that players play with multiple providers and may not be active every month.

Young adults (ages 18 to 24) played with 23 percent of the accounts used in the first half of 2025. This is relatively high, as they represent only 9.3% of the adult population. They do lose less money per account on average than adult players, namely €37 per month compared to €78 for adults. Compared to the total player population, young adults also engage in relatively more sports betting.

Illegal market

The channeling in terms of players (the percentage of people gambling with legal providers) is stable: approximately 94% gamble exclusively legally. The channeling in terms of BSR (the amount of total gambled money going to illegal providers) has shown a slight downward trend that continued in the first half of 2025: from 51% at the end of 2024 to 49% at the beginning of 2025. This downward trend may be explained by players shifting to illegal offerings due to the new player protection regulations, where these perceived restrictive rules do not apply. The Ksa considers this a worrying development, as players in the illegal market are much less well protected.

Source: kansspelautoriteit.nl

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