DraftKings was just approved for a Controlled Skill Games License from the Malta Gaming Authority , which is the entity that runs gaming in Malta – a small island nation south of Italy.
While this may not sound like a big deal, (especially considering Malta has a population of under 500,000 people) the nation is part of the European Union, meaning DraftKings can now expand into some other EU countries without any additional licenses or permits.
For example some counties, like Germany, don’t require an additional local gaming license as long as an operator is licensed somewhere else in the EU – like Malta.
On the other hand some other European countries, like France and Italy, do require local gaming licenses. And while DraftKings has said they are “meeting with regulators in all EU countries to understand the details of local licensing requirements”, they haven’t yet announced additional countries that they intend to apply for licenses in.
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USA — software DraftKings has received a Malta gaming license, paving the way for European...