MGA extends Hacksaw's B2B licence to Type 3, enabling peer-to-peer prediction markets platform
By The Weekly Edge desk ·
Summary
The Malta Gaming Authority has added Type 3 Gaming Services to the B2B licence held by HGMT Limited, Hacksaw's Malta-based entity, which previously held only Type 1 (casino) authorisation. Hacksaw has used the extension to launch a B2B-only peer-to-peer prediction markets platform, including a connected volume framework to pool liquidity across its operator network. The article stresses that MGA has not created a dedicated prediction markets licence and that the Maltese authorisation does not replace national requirements, such as those in Spain.
Why it matters
The Type 3 licence extension enables Hacksaw’s B2B prediction-markets platform, while national requirements still apply.