ADVERTISEMENT
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
BetGames appoints Maciej Smolarek as new Chief Technology Officer
He has a background in software development and more than a decade of experience managing engineering teams
USA
Betsson customers increase to 1.4 million as EBITDA rises to €77.7 million
Betsson CEO Pontus Lindwall said iGaming will continue to grow ‘for many years to come’ as gambling activity continues to shift online
USA
ELA Games expands its presence in Denmark with Casino House partnership
ELA Games, an innovative iGaming software developer, has signed a strategic partnership with Casino House to increase its presence in the Danish market
USA
Fast-tracking gaming success in Malta
ICON fills capability gaps without disrupting established workflows, bringing enterprise-calibre capabilities while maintaining flexibility