20 Fantasy Sports companies apply for Malta Gaming Licence

Gambling Law

23 March, 2017 - According to recent reports, up to 20 different Fantasy Sport companies have applied for a Malta Gaming Licence with the Malta Gaming Authority (MGA).

Sources close to Yahoo Finance said that the Malta gaming licence, which allows a fantasy sports company to operate across Europe, is in high demand. The ‘controlled skill games licence’, issued by the MGA, allows non-EU companies to operate in Malta as well as in many other EU countries, except in those countries which adopt strict daily fantasy rules, such as England and France.

Last January, one of the two biggest companies in daily fantasy sports, DraftKings, was granted a controlled skill games licence. In fact, DraftKings was the first fantasy operator to get this type of licence, whilst Oulala was the first B2B fantasy operator to get the licence.

Speaking to Yahoo Finance, CEO of Oulala, Valery Bollier, said that he sees this development as a positive new tide “that can lift all boats in the industry… Most people in the industry are starting to see that Europe is going to be a big chance for them and Malta is showing the way.”

Yahoo Finance moreover reports that two other fantasy sports operators have also obtained licences, although it did not identify them.

For more information on this and other related matters, feel free to contact our Gaming and Betting Department.

News Articles

Malta Gaming Law

Gaming, IT and Telecoms

The firm's clients include some of the largest Maltese and international land-based and remote gaming companies.

Malta Tax

Tax and Corporate

Take advantage of Malta's advantageous tax regime by registering a Malta Company.

Malta Ship Registration

Shipping and Offshore

Gonzi & Associates can service all your maritime requirements

Malta Licence

Financial Services

Discover the benefits of a Malta Bank Licence, E-Money Licence, Payment Service Provider Licence or an Investment Service Licence.