21 Sep
In News
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New definition of ‘illegal sports betting’ could be huge blow to Malta’s iGaming community

In a significant new development, the Council of Europe in its Convention on the Manipulation of Sports Competitions has recommended a new definition for the term ‘illegal sports betting’, which has come as a huge warning for Malta’s iGaming community.

The new definition considers ‘illegal sports betting’ as “any sports betting activity whose type or operator is not allowed under the applicable law of the jurisdiction where the consumer is located.”

According to the Malta Gaming Authority Executive Chairman, Joe Cuschieri, the country’s remote gambling will be on the receiving end if the new proposal becomes a law.

At the moment, the iGaming industry contributes 11% to the domestic product. Moreover, 8000 people are employed in the online gambling sector in Malta.

“This definition will effectively render illegal all operators who offer their services via their Malta Gaming Authority license in other European states,” he said.

Dr Cuschieri further added that this new definition could not be accepted by Malta. He also informed that its recommendations were ignored on the negotiation table.

The Convention was prepared by the Council of Europe that is the favor of implementing it as a full block. This however would require every member state’s consent.

Interestingly, Malta is the only country to have objected to the ratification of the convention. For this view, most members of the European Parliament criticized the country.

Simona

Kai started working in the Gaming Industry in 2001 when he managed a Horse Betting Shop in Germany. With the more and more upcoming needs for Sportbetting Solutions for the German speaking market he moved in 2003 in Malta where he built up TopSportWetten, one of the first Sportbetting operators working from Malta with a Remote Gaming License.

In 2005 he moved to a new venture and joined the newly formed Team of BetUnited, a Company that had the goal to target the German speaking online market with a full portfolio of Betting, Poker, Casino and Games of Skill.

In 2007 he left BetUnited and concentrated on helping new Companies coming to Malta to obtain a remote gaming license and establish operators on the island.

In 2011 he founded Simka Consulting to combine his knowledge in the operational part of the IGaming Business with the Marketing expertise of Simona.

Past Projects:

  • TopSportWetten - Managing Director and Key Official
  • Bet United - Managing Director and Key Official
  • MMBet - Managing Director and Key Official
  • Olympia Bet - Managing Director and Key Offical
  • Production Planning and Project Manager - Infratec Pro Ltd.

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