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Malta Gaming Authority revokes BTM Entertainment’s licence, sets deadline for settlement

Jenny Ortiz March 26, 2024

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Malta Gaming Authority revokes BTM Entertainment’s licence, sets deadline for settlement

The Malta Gaming Authority (MGA) has revoked BTM Entertainment Group Limited’s authorization to operate within the jurisdiction.

The move follows a prior suspension announced in 2019.

BTM Entertainment’s non-compliance  

Last week, the MGA cited non-compliance with various regulatory provisions outlined in the Gaming Compliance and Enforcement Regulations.

The cancellation of BTM Entertainment’s license, effective from March 22, 2024, underscores the authority’s commitment to upholding industry standards and ensuring consumer protection.

Upon the announcement, BTM Entertainment was instructed to settle all outstanding fees with the MGA within seven working days.

Additionally, the regulatory body affirmed that its decision is subject to appeal under article 43 of Malta’s Gambling Act, providing a procedural avenue for recourse.

Series of licence cancellation  

The recent licence cancellation of BTM Entertainment follows a similar action taken against Rush Gaming earlier this month.

Like the case of BTM Entertainment, Rush Gaming faced a suspended authorization, leading to the eventual revocation of its license by the MGA.

Although specific reasons for the license cancellations were not disclosed, the MGA emphasized that compliance failures with regulatory obligations were pivotal factors.

Earlier this year, the MGA also revoked the B2C license of Winners Malta Operations Ltd., with the cancellation taking effect from January 11, 2024.

This stringent enforcement underscores the MGA’s unwavering commitment to maintaining integrity and accountability within Malta’s gambling landscape.

Moreover, the MGA has demonstrated proactive measures to dissociate from individuals associated with criminal elements.

In February, the authority distanced itself from Antonio Ricci, addressing concerns about potential ties to organized crime

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2024-10-17 05:59:43