Compliance Updates

MGA Cancels Gaming Service Licence of Betixx

Published

6 years ago

November 18, 2019

Niji Narayan

MGA Cancels Gaming Service Licence of Betixx

Reading Time: < 1 minute

The Malta Gaming Authority (MGA) has cancelled the gaming service licence of Betixx Limited, after ruling that the operator breached a number of regulations.

According to the MGA, Betixx breached paragraphs B and E of the Third Schedule to the Gaming Act. Paragraph B refers to the failure to submit specific documents to the regulator. Paragraph E is in reference to the failure to pay, in a timely manner, licence fees, gaming tax and compliance contributions to the MGA.

The MGA has now ordered Betixx to cease gaming operations, while it will not be permitted to register new players or accept new customer deposits. Betixx must also provide all registered players with access to their accounts and refund any remaining balances to customers.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.