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Compliance Updates

MGA Suspends Rush Gaming’s License

Published

2 years ago

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Reading Time: < 1 minute

 

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 authorisation 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 authorised 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).

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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.

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