MGA Cancels Gaming Service Licence of Betixx
Reading Time: < 1 minute
The Malta Gaming Authority (MGA) has cancelled the gaming service licence of Betixx Limited, after ruling that the operator breached a number of regulations.
According to the MGA, Betixx breached paragraphs B and E of the Third Schedule to the Gaming Act. Paragraph B refers to the failure to submit specific documents to the regulator. Paragraph E is in reference to the failure to pay, in a timely manner, licence fees, gaming tax and compliance contributions to the MGA.
The MGA has now ordered Betixx to cease gaming operations, while it will not be permitted to register new players or accept new customer deposits. Betixx must also provide all registered players with access to their accounts and refund any remaining balances to customers.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: MGA Cancels Gaming Service Licence of Betixx…
The post MGA Cancels Gaming Service Licence of Betixx appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.
Source: Eastern European Gaming
