Livespins has secured approval from the Malta Gaming Authority (MGA) to provide its live slots betting solution to licensed operators.

The licence allows Livespins to roll out its Bet with Streamers solution to operators licensed by the MGA, giving their players the opportunity to bet behind a live streamer and interact and chat with the streamer and other players in a slot game.

Livespins, which is a subsidiary of leading gaming supplier Evolution, described the licence award as a “milestone moment” for the company.

“We are thrilled to have secured a supplier licence from the Malta Gaming Authority, which is a testament to the quality of the product and experience we provide and how it aligns with the regulator’s goals regarding responsible gambling,” said Livespins chief commercial officer Michael Pedersen.

“Malta licences are highly valued, allowing suppliers to engage with a large number of operators in markets across the world. With our licence in hand, we will now be striking deals with tons of MGA operators and taking the Livespins revolution to even more markets across the world.”

Shares in Livespins parent Evolution AB (STO:EVO) were trading 2.98 per cent higher at SEK830.00 per share in Stockholm Thursday morning.