A U.K base world leader online gaming service provider, bet365 had been granted a sport betting license – class 2 Remote Gaming License – by the Malta gaming regulatory body, Malta Gaming Authority.
The license which was granted August, 2015 will allow the company to provide it online gaming service in Malta and it jurisdiction without any hindrance.
The representative of bet365 said: “Due to the regulatory developments in various operating territories, bet365 decided that in addition to the remote gaming licences held by our existing operating hub in Gibraltar, a Class II licence by the Maltese Regulator was required in order to obtain and maintain certain regulatory approvals as well as to support its operations in the evolving global regulatory environment. We are therefore pleased to have been awarded a Class II Remote Gaming licence by the MGA, following a robust application process which examined our gambling operations, procedures and the experience of our personnel. In conjunction with the Maltese licensing process, we have also now established a Maltese marketing company, with premises located in Sliema, accommodating our marketing management and procurement functions headed by Mr Fred Bjurjfall who will be supporting the marketing activities of the Group”.