The Malta Gaming Authority (MGA) has warned that it has no connection to two betting-related websites and states any reference to the MGA or a gaming license is ‘false and misleading.’
The authority board highlighted “https://lavbet321.com/” and “https://kasinoseta.com/” within its notice, which it published on the website. They continued to say that any “reference to the MGA and/or gaming licence/s said to be issued by the Maltese Authority, as stated by the above websites, is false and misleading.”
In the public notice, the regulators say they’d like to remind consumers not to utilize services provided by an entity unless they have ascertained that the entity in question is authorized to provide such services by the MGA.
The regulatory body is solely responsible for the governance of all gaming activities in Malta, with one of its objectives being to protect the Maltese Gaming jurisdiction by ensuring reputable and compliant operators hold the relevant licenses.
“The gaming regulatory framework obliges authorised persons to comply with strict legal requirements in the interest of consumers,” the MGA states. The companies which don’t hold a license are unregulated and the authority body warns that these “do not provide the necessary safeguards.”
It’s not the first time a number of website URLs have been published with similar wording, as it was only back in October when it declared it had no connection with a further six sites. The actual licensed entities can all be found within a list on the MGA website.
How big is gambling in Malta?
All gambling activities are legal in the southern European island country, with both online and land-based gambling allowed. It was the first EU member state to legalize online betting, back in the early 2000s.
While the country is small, with just 500,000 people, it actually plays a substantial role in the gambling sector as it’s home to over 300 gambling firms.
Featured Image: Credit to MGA Facebook
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