The Malta Gaming Authority has recently announced it will start issuing licenses specifically for Daily Fantasy Sports sites.
Malta.- Currently Daily Fantasy Sports (DFS) are the fastest growing online gaming industry at the moment and in consequence, the Malta Gaming Authority has recently announced it will start issuing licenses specifically for the DFS sites.
Whilst DFS operators can currently work under some licenses in Europe, including the UK Gambling Commission license, the leading European gaming licenses that come from the Malta Gaming Authority are not yet being issued by this licensing body.
However, the Malta Gaming Authority has recently announced that such certification is now in the works and the reason why the regulator is not currently issuing licenses is because it believes DFS do not fall under the current licensing parameters. In other words, DFS is not deemed a gambling game, but rather a one in which the skill and knowledge is predominant and more important than chance.
Now, the Malta Gaming Authority license for skill games will be the first of its kind issued by a major European regulator and it can be expected that DFS operators will be lining up to get the license and start operating legally within the European jurisdiction.