The Malta Gaming Authority (MGA) has decided to cancel the authorisation for Star World to offer gaming operations.
Malta.- The Malta Gaming Authority (MGA) continues being one of the leading regulatory entities in the world. As part of its attempt to create the best market, it has cancelled Star World Limited’s authorisation to offer gambling services for breaching regulations.
The cancellation was effective on Thursday, the MGA revealed. Star World can’t carry out any gaming operations, register new players of accept new customer deposits. However, it must retain and provide access to all registered players to their player accounts. The operator also has to refund all funds standing to the credit of players in line with the applicable law.
The MGA imposed the sanction upon Star World Limited for breaching paragraphs (e), (f) and (h) of the Third Schedule to the Gaming Act following the failure to effect payments to the Authority when lawfully due. It also failed to effect payments to players when lawfully due and to ensure the integrity and availability of essential regulatory data.
MGA sets gaming devices regulation
The MGA has recently issued a Gaming Devices (Exhibition of Gaming Devices) ruling. The measure is in relation to the exhibition of gaming devices in fairs, exhibitions and similar events related to gaming. MGA said that anyone that wishes to use gaming devices for exhibition purposes must submit the form in its website.
After submitting the form, that person or entity must obtain MGA’s approval before being able to exhibit gaming devices. The regulator said that the application can be submitted by hand, post or email.