Mga Recalled The License European Fantasy League Ltd

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March 4, 2022
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MGA CANCELED THE EUROPEAN FANTASY LEAGUE LICENSE

Malta gaming authority (malta gaming authority) decided to cancel the resolution issued by european fantasy league ltd, entered into force on december 16, 2020 in accordance with the rules of compliance and enforcement in gambling.

Thus, european fantasy league ltd is no longer authorized to conduct any game operations, register new players or accept deposits of new customers, but must maintain and provide all registered players access to their accounts of players and reimburse all funds remaining on the account. Players in accordance with applicable law.

This sanction applies to european fantasy league ltd for the following violations: non-payment of annual license fees, failure to submit financial statements, failure to provide reports on players, failure to provide description of key functional roles, violation of orders of the authorized body , regardless of its name.

The decision may be appealed in accordance with the law on gambling

Source: official site malta gaming authority

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