Fantasy Sports (Exemption) Regulations, 2016
Statutory Text (5 Articles)
L.N. 271 of 2016
LOTTERIES AND OTHER GAMES ACT
(CAP. 438)
Fantasy Sports (Exemption) Regulations, 2016
IN EXERCISE of the powers conferred by article 78 of the
Lotteries and Other Games Act, the Minister for Competitiveness and
Digital, Maritime and Services Economy, after consultation with the
Malta Gaming Authority, has made the following regulations:-
The title of these regulations is the Fantasy Sports Citation and
commencement.
(Exemption) Regulations, 2016.
(2) These regulations shall come into force on the 1st August,
2016.
(1)
In these regulations unless the context otherwise Interpretation.
requires -
"Act" means the Lotteries and Other Games Act;
"Authority" means the Malta Gaming Authority established
under article 9 of the Act;
"Fantasy Sports" and, or "Fantasy Sports Game" means a
contest played for money or money’s worth whereby the winning
outcome is determined predominantly through the skill or knowledge
of the player, and where the results are determined by the
accumulation of statistical results of the performance of a number of
individuals in sporting events, but shall not include the forecast of the
score, point spread or any other future occurrence of one or multiple
events, and for the avoidance of doubt, the definition of a "bet" as
defined in the Act shall not be applicable.
(2) Unless the context otherwise requires, terms used in these
regulations and which are not defined herein shall have the same
meaning assigned to them in the Act.
(3) In these regulations, if there is any conflict between the
English and Maltese texts, the English text shall prevail.
The offering of a Fantasy Sports Game shall, by means of Exemption.
these regulations, be deemed exempt from the requirement to obtain a
licence in terms of the Act and, or the Remote Gaming Regulations. S.L. 438.04
Notwithstanding the provisions of regulation 3, the Regulatory
instruments.
Authority may subject any person offering a Fantasy Sports Game to
a requirement to notify the Authority of its operation, and, or to such
standards, requirements or any other instrument as it may deem fit in
pursuance of the functions of the Authority in terms of article 11 of
the Act, and which instruments may be of a binding nature
Provided that a breach of such binding instrument issued in
terms of this regulation may be deemed to be an offence against the
Act.
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