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Obligation error:The Malta regulator stated that it believes The Daily Fantasy Football Company Limited was moreover about to stumble when it comes to meeting player commitments ‘in a timely manner’ as it believes ‘such failure is imminent’ concerning some €3,483 (,803) in liabilities that were ‘incurred by the authorized person towards player funds’.Major Nominee:1xBet was nominated for a total of six categories for the International Gaming Awards.ICE London 2020 just finished up and s...

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Continuing vigilance:The regulator furthermore revealed that its action ‘may be subject to an appeal’ while iGamingBusiness. 1xBet was included in the mix, nominated for six IGA awards total. 1xBet is licensed in Nigeria until 2024 and over the next five years plans on setting new standards of betting culture, teaching fans how to use their brand to play based on simple and understandable rules that need to be observed....

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Immediate sanction:As a consequence, and the MGA used the press release to pronounce that The Daily Fantasy Football Company is now ‘no longer authorized to carry out any gaming operations, register new players or accept new customer deposits’. In early January, 1xBet announced that the Nigerian National Lottery Regulatory Commission approved them to operate in every state and territory of the country, including regions near Kano and Lagos.What’s Next for 1xBet?The sports betting brand is already busy working on new developments as well as offering services in new regions....

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