Rush Gaming has had its gaming licence cancelled in Malta by the Malta Gaming Authority (MGA). Despite no longer being authorised to carry out gaming operations, the company will be required to allow players to retain access to their accounts and to refund all players any funds owed.
The suspension of authorisation has been imposed through the terms of reg. 8 (1) (f) of the Gaming Compliance and Enforcement Regulations. The sanction will be imposed ‘in accordance with reg. 9 (1) (c) of the Regulations since the Authorised Person has failed to comply with one or more applicable obligations in terms of any regulatory instrument or any other applicable law of Malta.’
Rush Gaming is the first company to have its operations deauthorised in 2024. Other companies to have faced similar rulings from the MGA include AMGO iGaming in December, SFJL Holding in November and Elite24bet Casino in August, all of whom had their gaming licences cancelled following breaches of Maltese gaming regulations last year.
The suspension comes less than three weeks before new MGA CEO, Charles Mizzi, is due to begin his role. Mizzi will be coming to the position following several weeks of shadowing current CEO Carl Brincat and brings with him over 25 years of experience in finance, investment and Maltese business.
The decision was made by the MGA Board of Directors in December. Mizzi has stated that he is “keen to build on past successes” of the Authority and “to strategically steer the Authority forward” in an attempt to strengthen Malta’s current market position.
Rush Gaming's suspension is subject to appeal, based on terms from article 43 of the Gaming Act.
