The Malta Gaming Authority (MGA) revoked the licence of Fantasy Sports Interactive Limited, effective as of 24th November, it announced in a statement issued last week.
"The Malta Gaming Authority has decided to cancel the authorisation awarded to Fantasy Sports Interactive Limited," it said.
Fantasy Sports Interactive, registered in the UK, held a B2B licence with the MGA for Type 4 Gaming Services, referring to controlled skill games.
The regulator said the company breached “regulation 9(1)” of the Gaming Compliance and Enforcement Regulations.
It cited two reasons behind the cancellation of authorisation, namely a failure to comply with an order issued by the MFSA and failure to pay in a timely manner all amounts due to the regulator.
Therefore, Fantasy Sports Interactive Limited “is no longer authorised to carry out gaming operations and is required to immediately settle all outstanding fees that are due to the Authority”.
Continue Reading
Continue Reading
Over €1 million won as three major Super5 jackpots land in a single draw
The biggest winner scooped the €850,000 Super5 jackpot
Events
Stakelogic partners with Bingoal for full slots and live casino rollout
The agreement adds to a growing roster of Stakelogic partners operating under Malta Gaming Authority licences
Events
CT Interactive receives MGA certification for 10 additional gaming titles
The company's portfolio of MGA-certified games has grown to 111 titles
Events
Bragg Gaming Group closes acquisition of Drayton International
The transaction positions Bragg to expand its presence in regulated U.S. sports betting and horse racing markets
Events
Betsson Group signs MoU with Sliema Wanderers outlining intention for long-term partnership
This proposed partnership goes well beyond the traditional sponsorship model, Betsson CEO says