The Malta Gaming Authority (MGA) has announced the suspension of Rush Gaming Ltd’s operating license, effective from January 9, 2024. The decision comes as a result of Rush’s failure to comply with its legal and regulatory obligations in Malta.
This suspension, under regulation 8 (1) (f) of Malta’s Gaming Compliance and Enforcement Regulations (S.L. 583.06), means that Rush is no longer authorized to conduct gaming operations.
The MGA’s decision to suspend Rush Gaming Ltd’s license is based on the company’s non-compliance with regulatory instruments and other applicable Maltese laws. Regulation 9 (1) (c) of the Regulations states that a licensed entity must fulfill all its legal and regulatory obligations in Malta. Failure to do so can result in the suspension or revocation of the operating license.
Rush Gaming Ltd is required to maintain access to registered players’ accounts and refund all funds in these accounts in accordance with applicable legislation. This ensures that players are not negatively impacted by the suspension and that any financial transactions are handled appropriately.
While Rush Gaming Ltd’s license has been suspended, the company has the right to appeal the decision. Article 43 of the Gaming Act (Chapter 583 of the Laws of Malta) outlines the appeal process and the grounds on which an appeal can be made. This provision allows Rush Gaming Ltd to present its case and seek a reconsideration of the suspension.
The Malta Gaming Authority has been actively working towards creating a safe and responsible gaming ecosystem. In line with this commitment, the MGA recently renewed its Memorandum of Understanding (MoU) with the Alderney Gambling Control Commission (AGCC). The MoU, initially entered into in 2013, serves to enhance cooperation between the two regulators and enable them to perform their respective functions more effectively.
Carl Brincat, the CEO of the MGA, emphasized the importance of this renewed partnership.
“The renewal of the MoU with the AGCC continues to reaffirm our shared commitment towards supervising a safe and responsible gaming ecosystem across the board,” Brincat said.
