Online casino operator group Rush Gaming Limited has been required by the Malta Gaming Authority to cease its Maltese operations with immediate effect.
Although no specific failures have been attributed to the firm as of yet, Malta’s regulator has confirmed that the company is no longer an MGA licensee under the Gaming Compliance and Enforcement Regulations.
The operator group must now halt all of its B2C online casino operations in the nation, including its Fansbet.com and Onebet.com platforms.
As well as ordering Rush Gaming to cease operations, the MGA has asked that the group maintain open access to all registered player accounts across its online casino brands, allowing any outstanding refunds to be processed and returned to players in line with local regulations.
While Rush Gaming will be able to challenge the MGA’s decision with an appeal, the latest development continues the regulator’s recent strategy of upholding laws and regulations surrounding its online gambling ecosystem.
The regulator ramped up efforts to create a safer gaming environment earlier this month when it renewed its Memorandum of Understanding with the Alderney Gambling Control Commission.
Current MGA CEO Carl Brincat explained: “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.”
Other significant changes face the MGA in 2024, as Brincat is set to step down as the regulator’s CEO at the end of January, with industry veteran Charles Mizzi taking over the role.
Commenting on the change of leadership and his new role, Mizzi said: “I am keen to build on past successes and strategically steer the authority forward so that Malta’s already robust position in the field may be further strengthened while delivering value to all stakeholders.”
