Malta cancels licence, BetMGM backs Aces
This week, significant developments involve BetMGM, the Kansspelautoriteit, LiveScore Group, and the Malta Gaming Authority.
Welcome to the Weekend Report. In this edition, we delve into key headlines that may have passed under your radar, including the Malta regulator’s recent license cancellation, BetMGM’s groundbreaking commitment to women’s sports, and LiveScore’s innovative trial of a four-day work week.
Malta Regulator Cancels Operator License
The Malta Gaming Authority (MGA) has taken decisive action by canceling the license of Oddsfly due to serious breaches of its licensing conditions. This operator faced a formal cancellation notice owing to over €100,000 ($114,347) in unpaid fees, alongside multiple compliance violations that led to its suspension back in 2018.
Oddsfly, which operates brands such as Casino24 and Tipxpress, has been inactive since its suspension, with its license now officially revoked. Additionally, the MGA has suspended Dimascon for a range of compliance breaches, marking its second suspension within a year.
KSA Chairman Appointed to GREF Board
In a notable development in European gambling regulation, Michel Groothuizen, Chairman of the Kansspelautoriteit (KSA), has joined the Gambling Regulators European Forum (GREF) board. His term extends until 2027, during which he aims to enhance cooperation among gambling regulators across Europe through shared knowledge and best practices.
Groothuizen emphasized the importance of unified standards in gambling supervision, stating, “A clear standard, such as the prohibition of gambling under the age of 18, is an absolute necessity.” His leadership is expected to drive positive changes in the regulatory landscape.
BetMGM Secures Landmark Women’s Sports Partnership
BetMGM has made history by becoming the exclusive online casino and sportsbook partner of the WNBA’s Las Vegas Aces, marking its inaugural partnership with a women’s professional sports franchise. This agreement, effective until the 2027 season, positions BetMGM at the forefront of promoting women’s sports.
The partnership includes prominent branding at the Aces’ home venue, Michelob ULTRA Arena, along with comprehensive sponsorship across the team’s social media platforms. Additionally, BetMGM will enjoy privileged access to pre-game events and luxury VIP seating.
CEO Adam Greenblatt expressed enthusiasm, stating, “Entering this era of immense growth in women’s sports, BetMGM could not have chosen better partners than the WNBA and the Aces, especially given our shared commitment to community engagement.”
NuxGame Introduces Innovative API Solutions
In a strategic move to enhance operational capabilities, NuxGame has launched new API offerings, specifically their Casino API and Sports Betting API. These solutions are designed to empower iGaming operators with cutting-edge tools.
- Casino API: This robust platform allows integration of over 14,500 games from more than 120 providers, inclusive of player engagement tools, flexible payment options, and comprehensive analytics.
- Sports Betting API: This solution covers over 210,000 monthly events across 125+ sports and 3,000 betting markets. It also features advanced capabilities for risk management, odds management, client segmentation, and real-time reporting.
Yanina Kaplya, Chief Marketing Officer at NuxGame, highlighted the importance of these innovations, stating, “Our API solutions are tailored to equip operators with the essential tools for success in both casino gaming and sports betting.”
LiveScore Initiates Four-Day Work Week Trial in the UK
LiveScore Group has launched an innovative four-day working week trial for its London-based employees. Commencing on May 19, this initiative allows employees to work from Monday to Thursday while retaining some Fridays for critical sports and business events.
Set to run for 12 months, with a formal review scheduled for October, the trial reflects LiveScore’s commitment to fostering a dynamic working environment. “LiveScore Group was built on innovation—not just in how we serve sports fans, but also in how we evolve as a business,” said CEO Sam Sadi. “This trial marks a natural progression in our journey towards optimizing team collaboration and productivity.”
This week’s updates reflect the ongoing transformation in the gambling industry, emphasizing the importance of regulatory compliance, strategic partnerships, technological innovation, and workplace flexibility. Stay tuned for more insights and developments in the gambling sector.
