Betby Secures MGA Authorization to Expand Esports Betting Solutions Reach

Esports betting solutions provider, Betby, has achieved a significant milestone by obtaining authorization from the Malta Gaming Authority (MGA). This enables Betby to extend its esports odds and data offerings to a broader spectrum of operators, particularly those holding licenses from the MGA.

The authorized solution is all-encompassing, encompassing pre-game and in-play odds, material, and a dedicated statistics hub. Operators have the flexibility to integrate this as an independent esports data feed or as a component of the broader Betby Sportsbook platform. Risk mitigation instruments, administrative functionalities, and esports broadcasting via Twitch are also incorporated.

This endorsement from the MGA followed a rigorous evaluation process, confirming that Betby’s solution satisfied all mandatory regulatory benchmarks. Notably, this was among the final approvals overseen by departing CEO Carl Brincat, with Charles Mizzi assuming leadership on January 26th. Mizzi contributes over two and a half decades of expertise in finance, investments, and Maltese commerce to the MGA.

For Betby, this represents a substantial advancement, as emphasized by COO Eva Berkova. The MGA’s standing for stringent supervision and enforcement, evident in recent instances involving Rush Gaming and Super7plus, further emphasizes the weight of this approval for Betby.

Betby has been investing heavily in its platform for wagering on competitive gaming recently… and the results are evident! They’ve formed alliances with some of the most prominent providers of esports information, and the reception has been overwhelmingly positive.

Ilze Ramolina, Chief Legal Officer at Betby, expressed their enthusiasm, “Receiving approval from the Malta Gaming Authority is a major victory. We prioritize regulatory adherence at Betby – it’s fundamental to our operations.”

She continued, “This significantly enhances our offerings, but our ambitions extend further. This is merely one milestone on our path to introducing Betby’s products to regulated markets globally.”