The Malta Gaming Authority (MGA) has made public its decision to revoke the authorization of Rush Gaming, the operator overseeing Fansbet.com and Onebet.com.
The directive requires the operator to inform players via email, settle any outstanding fees, and eliminate any mentions of MGA from its services within seven days from March 11.
This action aligns with regulations 9(1)(c) and 10(1)(a) of the Gaming Compliance and Enforcement Regulations. Rush Gaming retains the option to contest this ruling under Article 43(1) of the Act. Notably, MGA had previously suspended Rush Gaming’s authorization in January.
In December, the MGA appointed Charles Mizzi as its new chief executive, with Mizzi assuming the role on January 26. The MGA’s H1 Interim Performance Report highlighted a 1.1% year-on-year increase in the Maltese gambling sector’s gross added value (GAV) for the first six months, amounting to €810.7m, constituting 9.5% of Malta’s total GAV.
During this period, the regulatory body conducted 14 compliance audits, 85 desktop reviews, and issued nine administrative penalties totaling €124,400. Additionally, 11 Compliance Examinations were carried out for the Financial Intelligence Analysis Unit (FIAU), which issued administrative penalties totaling €599,420 to three licensees for breaches detected in previous years.
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