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The Malta Gaming Authority (MGA) has suspended the license of SFJL Holding Limited (MGA/B2C/313/2006) due to multiple violations of Malta's Gaming Compliance and Enforcement Regulations. As a result, SFJL Holding is prohibited from conducting any operations during the suspension period. Similarly, the MGA revoked EGMIT Elite Limited's B2C Gaming Service license, forcing the operator to cease all activities on its Elite24bet site and leading to legal action and liquidation proceedings. These actions underscore the MGA's dedication to upholding regulatory integrity and serve as a stark reminder to the industry about the significance of meticulous adherence to gaming compliance regulations.
Source: https://news.worldcasinodirectory.com/sfjl-holding-limited-faces-license-suspension-by-malta-gaming-authority-egmit-elite-faces-license-reo-109824
Source: https://news.worldcasinodirectory.com/sfjl-holding-limited-faces-license-suspension-by-malta-gaming-authority-egmit-elite-faces-license-reo-109824