In line with the ruling, Rush Gaming must halt all activities being conducted under its Malta licence. Rush Gaming operates both the Fansbet.com and Onebet.com websites.
The MGA did not go into full detail on the reasons behind the decision. However, it did state that licences can be suspended if operators breach gambling-specific regulations or laws in Malta.
The regulator also said existing customers of Rush Gaming must be allowed access to their accounts during the suspension. In addition, the MGA said Rush Gaming should return all funds to registered players.
Rush Gaming’s B2C gaming licence covers several gambling activities. These include casino, controlled skill games and fixed-odds betting such as live betting.
Mizzi takes the lead at Malta Gaming Authority
The ruling comes ahead of Charles Mizzi taking over as CEO of the MGA later this month.
Mizzi is replacing Carl Brincat with effect from 26 January. Brincat will step down after two years at the helm.
Mizzi joins the MGA from Residency Malta Agency, where he served as its CEO for five years. He also held other senior roles during his career including head of the image and communications unit at BNF Bank.
In other news, the MGA recently renewed its Memorandum of Understanding with the Alderney Gambling Control Commission (AGCC).
Established in 2013, the agreement ensures continued collaborative efforts between the two regulators.
The partnership focuses on enhancing cooperation, enabling the MGA and AGCC to perform their respective functions more effectively. These include preventing crime, protecting consumers and the protection of vulnerable persons against gambling addiction.
Original article: https://igamingbusiness.com/legal-compliance/regulation/malta-regulator-suspends-rush-gaming/