Malta Gaming Authority Suspends Licenses Linked to Massive Raid
The Malta Gaming Authority, as a result from an ongoing anti-mafia gambling raid, suspended the gaming license of Phoenix International Limited. The MGA posted a notification on the operator’s websites saying,
“Due to the suspension of the licence, Phoenix International Limited is therefore not authorised to continue conducting gaming by means of distance communications under an Authority licence.”
The gaming operator held a Class 2 remote gaming license. Their main gaming products were online sports betting. Last week, there were several of raids that took place by the Italian police authority. More than 20 individuals were arrested including one of the owners of the said betting sites.
Phoenix International Limited websites have been instructed by the MGA to cease its operations including allowing new player signups, deposits, withdrawals and all gaming transactions. Players are urged to contact the gaming authority with any questions. The MGA also warned that any online site that is claiming to be operated under the said license were doing so without the authorization of the authority and players are urged to stay away. No further information was released in fear of compromising the investigation. More details will be reported as they become available.