The Malta Gaming Authority (MGA) has announced the suspension of Rush Gaming Ltd‘s operating license, effective from January 9, 2024. Rush Gaming Ltd, holder of the MGA license MGA/B2C/701/2019, had its authorization revoked under regulation 8 (1) (f) of Malta’s Gaming Compliance and Enforcement Regulations (S.L. 583.06).
As a result, Rush Gaming Ltd is no longer authorized to conduct gaming operations. However, the company is required to maintain access to registered players’ accounts and to refund all funds in these accounts in accordance with applicable legislation.
According to the regulator, the sanction imposed follows regulation 9 (1) (c) of the Regulations, which applies when a licensed entity fails to comply with one or more of its legal or regulatory obligations in Malta. The MGA’s decision is based on Rush Gaming Ltd’s non-compliance with regulatory instruments or other applicable Maltese laws.
MGA also informed that the decision to suspend Rush Gaming Ltd‘s license may be subject to appeal as set out in article 43 of the Gaming Act (Chapter 583 of the Laws of Malta).
Recently, the regulatory agency extended a partnership for cooperation to expand efforts in controlling safe gambling. On January 4th, MGA and the Alderney Gambling Control Commission (AGCC) has announced the renewal of their Memorandum of Understanding (MoU). Initially entered into back in 2013, the MoU serves to solidify the collaborative efforts between the two regulators.
According to a press release, this renewed MoU “further emphasizes the MGA and the AGCC’s commitment to enhancing cooperation, enabling them to perform their respective functions more effectively.”
Carl Brincat
On that occasion, Carl Brincat, MGA CEO, said: “The renewal of the MoU with the AGCC continues to reaffirm our shared commitment towards supervising a safe and responsible gaming ecosystem across the board.”
