mga-suspends-rush-gaming’s-license

MGA Suspends Rush Gaming’s License

1024 683 The HALLO ECHO
  • 0
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).

Leave a Reply

Your email address will not be published.