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New Skill Game Licensing Regulations

NEW SKILL GAMING LICENSING PLANNED BY MALTA REGULATOR
 
Draft proposals currently with European Commission.
 
The Malta Gaming Authority (MGA) has followed up on its skill games consultation last year  by drafting new regulations permitting the licensing of such games, which have been submitted to the European Commission.
 
In essence, and subject to operators meeting the defined parameters of the regulations, the new licensing initiative will create a fresh category of licensing, enabling daily fantasy sports operators to apply for "light touch" regulation in Malta.
 
The MGA is awaiting EC approval, but hopes this will be forthcoming, making it possible to issue the new licenses some time next year.
 
In the interim, the MGA has issued a legal notice that exempts DFS from the Lotteries and Other Games Act with effect from August 1, 2016.
 
The MGA definition of DFS reads thus: 
 
”Fantasy Sports” and, or “Fantasy Sports Game” means a contest played for money or money’s worth whereby the winning outcome is determined predominantly through the skill or knowledge of the player, and where the results are determined by the accumulation of statistical results of the performance of a number of individuals in sporting events, but shall not include the forecast of the score, point spread or any other future occurrence of one or multiple events, and for the avoidance of doubt, the definition of a “bet” as defined in the Act shall not be applicable.”
 
The MGA has warned that operators aspiring to obtain the new licensing, which will be recognised throughout the EU, will have to show that they are responsible and honest.
 
Whilst rummy is included in the present skill games definition, poker is not, but the corollary is clear, and operators stand a good chance of convincing the regulator that the vertical should be classed as a skill game, or at the very least a mixed skill game.
 
For example, one of the tests for skill games that the regulator has suggested in its position paper may be appropriate posits that games where "a skilled player is able to win more than 56 percent of matches," are games of skill rather than chance.
 
Operators could also point to a precedent in the Supreme Court in India, which has defined rummy and poker equally as games of skill.

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UK Wants Fixed Odds Betting Terminals Changes - The group, titled FOBT All-Party Parliamentary Group plans to release its full report early in the new year, but for now has claimed that changes to FOBT regulations could help in reducing "associated crime" and problem gambling.

Sportech Wins 8 Year Old VAT case - An eight-year long, GBP 97 million VAT repayment claim dispute between Sportech PLC and HM Revenue and Customs (HMRC) has come to an end with the Supreme Court refusing HMRC permission to appeal a previous Court of Appeal ruling.

2017 MPN Poker Tour - Main Event packages, worth 1,500, are available online and players can qualify via any of the MPN participating card rooms through a variety of satellites, with buy-ins starting as low as 0.25. Each 1,500 package includes:

Realistic Games in deal with Kindred Group - The UK-based online gambling games developer Realistic Games has signed a deal to supply its games to online operator Kindred Group, parent company of quality brands that include Unibet, Stan James and Maria Casino.

Opposition to Anti Online Gambling Bill in Congress Lame Duck Session - Action groups appeal to House Appropriations Subcommittee to ensure that RAWA style language is not attached to unrelated spending bill.

DFS banning bill Introduced in Illinois - The legislative season in Illinois may be drawing to a close, but that hasn't stopped a new bid to ban daily fantasy sports from being assigned to the House Executive Committee; whether there is sufficient time to pass the bill is a matter for speculation.

Cambodia To More Closely Control Online Gambling - Cambodia, where online #gambling is operated by licensed land casinos alone, and Cambodian punters are banned from participating, is to tighten monitoring, control and management of the activity by setting up a centralized server, a Ministry of the Economy official revealed this week in a media interview.

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