Rush Gaming operates Fansbet and Onebet.
MGA or The Malta Gaming Authority has announced the cancellation of its Rush Gaming authorization. Rush Gaming is the operator of Fansbet.co and Onebet.com. From March 11, the operator has seven days to advise players by email, settle any outstanding fees, and remove references from MGA’s offerings.
In accordance with regulations 9(1)(c) and 10(1)(a) of the Gaming Compliance and Enforcement Regulations, the decision was taken. Under Article 43(1) of the Act, Rush Gaming has the right to appeal this decision. In January, the MGA has suspended authorization for Rush Gaming.
Charles Mizzi has been named as the MGA’s new chief executive in December. He took up the role on January 26. The MGA reported that the Maltese gambling sector’s GAV or gross added value for the six months stood at €810.7 million in its H1 Interim Performance Report. That represents 9.5 per cent and 1.1 per cent year-on-year of Malta’s overall GAV.
The Maltese regulator completed 14 compliance audits during the period, along with 85 desktop reviews and nine administrative penalties totaling €124,400. Additionally, the FIAU (Financial Intelligence Analysis Unit) conducted 11 Compliance Examinations. The FIAU issued administrative penalties totaling €599,420 to three licenses due to breaches detected in past years.
