The global sports betting market is growing at a tremendous pace and licensed gaming operators are keen on offering sports betting services and getting a piece of this lucrative market.
The Malta Gaming Authority (MGA) which is one of the top gaming regulators in the world is keen to ensure that all of its licenses run a spotless betting operation.
Sports governing bodies and gaming watchdogs across the world are keen on maintaining the integrity of sports and sports betting.
While the sports betting industry has grown rapidly, so have the concerns over match fixing and spot fixing in sports.
This is one of the main reasons why the MGA decided to develop a new online software that will allow its licenses to directly report any suspicious betting activity. The new software is called the Suspicious Betting Reporting Mechanism (SBRM) and was launched by the Sports Integrity Unit (SIU) of the MGA.
The MGA has been working on the SBRM software for some time now as one of its goals for 2020 was to increase its surveillance of iGaming activities. The MBA and its SIU which was established in 2019 has worked on forming partnerships in 2020 that extend its sports integrity network.
The MGA has gone on to sign multiple partnerships requiring data sharing with multiple international sporting organizations as well as domestic partners. Some of the premier sporting organizations that the MGA has forged partnerships with include the Swedish Football Association (SvFF), the Darts Regulation Authority (DRA), World Professional Billiards & Snooker Association (WPBSA) and the International Cricket Council (ICC).
Licensees To Get SRBM Access From Jan 2021
The MBA has announced that all of its licensees will get access to the SRBM platform starting from January 1, 2021. However, the MGA has already launched the SRBM platform which will go through a testing period in order to address any hiccups before it is officially made available in Jan 2021.
The SIU is very keen on gathering as much suspicious data that it can from all of its license partners which will then be shared with the authorities. Whenever a betting site notices an unusual spike in betting on a particular game, it will escalate the same to the MGA. When this happens, the authorities will take a closer look at the game and investigate as to whether the game was compromised.
This move from the MGA will help to address match fixing and protect the integrity of sports around the world.