A significant development has occurred for Betby, a key participant in the esports wagering sector. The company’s esports odds feed solution has been greenlit by the Malta Gaming Authority (MGA), enabling Betby to extend its comprehensive esports product suite to a wider operator base, particularly those holding MGA licenses.
This authorized solution encompasses a variety of features, including pre-game and live odds, captivating content, and a robust statistics hub. Operators have the flexibility to integrate this solution as a standalone esports data source or seamlessly merge it into their existing Betby Sportsbook platform.
Beyond the core offerings, Betby’s solution equips operators with crucial tools such as risk management functionalities, back-office utilities, and live esports streaming capabilities via Twitch, thereby enhancing the overall user experience.
The MGA’s decision to grant this approval follows a meticulous evaluation process, guaranteeing that Betby’s solution adheres to the highest regulatory benchmarks. This accomplishment also signifies one of the final approvals overseen by outgoing CEO Carl Brincat, who will be succeeded by Charles Mizzi on January 26th.
Mizzi brings extensive experience to the MGA, having dedicated over 25 years to the financial, investment, and Maltese business sectors. His appointment indicates a smooth leadership transition for the regulatory body.
The MGA plays a vital role in the gaming industry, responsible for issuing and overseeing licenses in Malta. It also possesses the authority to investigate and revoke licenses in instances of regulatory or legal violations. Recent illustrations of the MGA’s enforcement actions include the temporary suspension of Rush Gaming’s license in early January and the revocation of Super7plus’s license last week.
Eva Berkova, COO of Betby, conveyed her enthusiasm regarding the MGA’s approval, highlighting it as a substantial accomplishment for the company. This advancement empowers Betby to broaden its market presence and provide its state-of-the-art esports solutions to a wider audience.
Betby has significantly elevated its esports wagering platform recently. They’ve teamed up with prominent figures in esports analytics, and the reception has been overwhelmingly positive.
Ilze Ramolina, Chief Legal Officer at Betby, expressed their enthusiasm, stating, “Obtaining the MGA permit is a major triumph for our organization. We value the cooperative approach with the regulatory body. Adhering to regulations is fundamental to all our operations at Betby.”
This recent authorization for esports betting further enhances our reputation. However, our ambitions extend beyond this achievement – Betby has ambitious goals to broaden our services comprehensively in other regulated sectors.
admin