Mga Awards Oulala B2b Skills Games Licence

CEO hopes other regulatory authorities will follow suit

Daily fantasy sports platform provider Oulala.com has been awarded a B2B controlled skill games license by the Malta Gaming Authority (MGA).
Oulala co-founder and chief executive officer, Benjamin Carlottie, considers the MGA forward thinking in the creation of the new license category, a process the authority began almost two years ago.
''The authorities in Malta were the first in foretelling the impact of DFS's potential in Europe, and the MGA was in fact the first regulator to acknowledge our needs,'' Carlotti said.
''We are incredibly proud to be participating in the development of a licensing framework that regulates skill-based games, fantasy sports included. This was a highly significant step in the right direction, and our hope is that other European regulators will soon follow suit.''
The controlled skill game license may be used for either B2C and/or B2B purposes. It is valid for five years, and subject to a number of requirements, including segregation of operational and players' funds.
"…the millennial generation is expecting social skill games, so the iGaming sector must realize that adding DFS games to their list of products will only be beneficial for them in the long run,'' Carlotti concluded.

Online Casino News Courtesy of Infopowa

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Brian Cullingworth

Brian Cullingworth

Infopowa news was a staple of Casinomeister’s news from 2000 until 2019. Brian Cullingworth was the main writer, contributor, and was one of the most knowledgeable persons I have ever known involved in the online casino industry.

We first met in January 2001 at the ICE in London where I observed him going booth to booth interviewing online casino, software, and licensing jurisdiction representatives. Brian was also heavily involved with our forum as “Jetset“, he was involved as an informal consultant to eCOGRA, the OPA, and was a player advocate who assisted countless aggrieved players with his connections to industry folks. He also published “Casino Cautions” via Infopowa news for quite a number of years. These can be found in our news archives.

His passing in February 2019 was a dark day for us. He will be forever missed.

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