After filing for bankruptcy, Tipster’s sports betting license has been revoked by Germany’s GGL. In April, Tipster gained attention when it was subjected to a large-scale police raid as part of a global investigation into illegal gambling, money laundering, and tax evasion. Upon conducting a regulatory inspection, the German gambling regulator determined that Tipster no […]
The Malta Gaming Authority (MGA) has taken the decision to cancel the licence of MKC Limited due to its significant breaches of various regulations. MKC, based in Malta, operated the Betworld247 sports betting and casino site under its B2C gaming service licence. However, as a result of this regulatory action, the company is no longer […]
Following a breach of regulations, the Malta Gaming Authority (MGA) has officially revoked Totup System’s license. The breaches primarily involved non-payment of applicable license fees and compliance contribution fees within the specified timeframe. Despite being given a 20-day window to respond and provide justifications, Totup failed to submit a response, leading to the cancellation of […]
According to the Maltese regulator, the MGA has partnered with the University of Malta to improve compliance inspections. According to the Malta Gaming Authority, it has participated in several workshops that aim to improve cooperation between regulators. The MGA’s anti-money laundering unit recently collaborated with Malta’s Financial Intelligence Analysis Unit’s (FIAU) supervision unit to coordinate […]
Reports from local media indicate that an unregulated lottery operation linked to the Malta National Lottery is illicitly capturing nearly 30% of the market, resulting in significant losses. According to investigators, an illegal lottery operation in Malta has been found to be siphoning off as much as 30% of sales from the country’s official national […]
The Malta Gaming Authority (MGA) has announced that 4tune-Software, a supplier, has failed to fulfill its regulatory payment obligations, resulting in a notice of license cancellation. MGA has issued a notification to cancel the gaming software supplier license of 4tune-Software GmbH due to their failure to make required regulatory payments. The cancellation will be carried […]
Totup System Given 20 Days to Respond to MGA’s Findings of Multiple Rule Breaches. The Malta Gaming Authority (MGA) has confirmed the cancellation of the license of Totup System, a pools betting operator, due to multiple breaches of license conditions. The MGA, which is the regulatory body responsible for overseeing gaming activities in Malta, has […]