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MGA cancels two licences

malta cancels licences
The companies are no longer authorised to carry out any gaming operations, register new players or accept new customer deposits.

The gambling regulator from Malta has cancelled Sports Fantech Limited and Betixx Limited’s licences.

Malta.- The Malta Gaming Authority (MGA) has announced that it decided to cancel the authorisation awarded to two companies. Effective as of November 13 and 14, MGA cancelled Sports Fantech Limited and Betixx Limited licences, respectively.

The companies are no longer authorised to carry out any gaming operations, register new players or accept new customer deposits, but is required to retain and provide all registered players with access to their player accounts and to refund all funds standing to the credit of players in line with the applicable law.

Betixx Limited breached two paragraphs of the Third Schedule to the Gaming Act, while Sports Fantech breached paragraph (h). According to article 43 of the Gaming Act, the decision to cancel the authorisations that allowed the companies to offer their services may be subject to an appeal.

MGA hoisted a responsible gambling session

MGA was part of the first edition of the Responsible Gambling Week in Malta between November 7-13. The campaign was held in collaboration with the local gaming industry, iGEN, Bournemouth University and the organisers of the annual Responsible Gambling Week.

The session aims to highlight the importance of ensuring that gambling remains a sustainable means of entertainment, whereby gambling operators provide their players with all tools required in order for them to play in a safe and responsible manner, explained the MGA on its website.

The Responsible Gambling Week featured daily sessions where operators shared best practices and discussed ways in which they may collaborate to further improve their efforts on the front. The topics included research in responsible gambling communications with at-risk consumers, suicide awareness and prevention training, and the provision of responsible gambling staff training.

The MGA’s Senior Counsel for Legal, International Affairs and Policy, Yanica Sant, said: “The ideas gathered from this final session will be reflected in our responsible gaming and player protection strategy for the coming years.”

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