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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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Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

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