LuckyStreak Secures Malta Gaming Authority Recognition for B2B Services

LuckyStreak, a prominent live casino provider and iGaming content aggregator based in Riga, has achieved a significant milestone by receiving recognition from the Malta Gaming Authority (MGA). This new approval allows LuckyStreak to provide B2B services under the jurisdiction of the MGA, further solidifying its presence in the global iGaming market.

The MGA’s Recognition Notice awards LuckyStreak a B2B Critical Supply License, enabling the company to offer casino games, live dealer experiences, and sports betting services to operators licensed by the MGA. This recognition ensures that LuckyStreak complies with the rigorous criteria established by Maltese law and is equivalent to holding a local MGA license. The approval is based on LuckyStreak’s Latvian Gambling Services License, demonstrating the company’s adherence to high regulatory standards.

The MGA’s decision to issue the Recognition Notice aligns with its broader goal of creating a harmonized, cross-border iGaming regulatory framework within the European Union and the European Economic Area. This strategic move aims to streamline growth for licensed operators, providing a more cohesive regulatory environment that benefits companies like LuckyStreak. As a result, LuckyStreak is now empowered to expand its operations by offering live dealer games and content aggregation services within the MGA’s highly regarded regulatory structure.

Ady Totah, CEO and Co-founder of LuckyStreak, expressed his excitement over the new recognition: “We’re delighted to be awarded MGA Recognition as it is another major milestone in our regulatory expansion. Malta is a world-renowned licensing jurisdiction, setting the highest standards of transparency and fairness for players. It is testament to LuckyStreak’s commitment to quality, integrity and compliance, and we look forward to working with world-class MGA-licensed operators to continue our successful growth strategy.”

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For LuckyStreak, this approval opens the door to new partnerships with some of the most prestigious brands in the iGaming sector. Malta is recognized as a critical gaming hub, known for its rigorous regulatory oversight and commitment to fairness, making it a highly desirable market for companies looking to expand their reach.

Rory Kimber, Commercial Director of LuckyStreak, highlighted the importance of this achievement: “We’re immensely proud to have been awarded the opportunity to work in the jurisdiction, and we’re looking forward to working with the world’s most prestigious iGaming brands, and having our games and providers appear on their casinos. Malta is a critically important and highly regarded gaming hub and this enables us to significantly extend the reach of our world-class content and services to highly regarded iGaming brands.”

This approval builds on LuckyStreak’s reputation as a leading provider of live dealer online casino software, which they have been developing and streaming since 2014. With a team of veterans from both the land-based and online casino industries, LuckyStreak is driven by a passion for innovation and a commitment to delivering top-quality entertainment. Their live dealer games are designed to offer a unique and thrilling experience for players, all while maintaining the highest standards in production, video streaming, and reliability.

In 2017, LuckyStreak introduced LuckyConnect, their proprietary integration API that offers operators seamless access to a vast library of over 4,000 live dealer and third-party games from renowned providers such as Pragmatic Play, Yggdrasil, Ruby Play, PG Soft, and Red Rake Gaming. Through LuckyConnect, operators can benefit from a one-stop-shop solution that includes essential services like invoicing, player management, reporting, billing, support, and content management.

Source:

“LuckyStreak Awarded Malta Gaming Authority Recognition“. luckystreaklive.com. September 22, 2024.