This decision followed the Malta regulators suspending the licence of GoldWin on 25 September 2024 for several violations of the Island’s gaming regulations.
According to the MGA, the breaches included “an imminent threat of serious prejudice to the interest of players” and a failure to meet its commitments to players in a timely manner.
Following the removal of its licence, GoldWin is now required to notify all players of the cancellation via email and display the news on its website for a period of 30 days. The notification must also refer players wishing to withdraw player funds to the MGA’s ticketing system.
Additionally, GoldWin must settle all outstanding fees due to the MGA within five working days from 13 March and remove, with immediate effect, any reference to the MGA.
The MGA’s decision is now subject to appeal in terms of Article 43 (1) of the Gaming Compliance and Enf..
