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LGA suspends Melita Gaming Network and True Money Games Ltd licencing

LGA suspends Melita Gaming Network and True Money Games Ltd licencing
 
The LGA, Malta's online gambling regulator, has suspended licencing for the Melita Gaming Network along with True Money Games Ltd (TMG) for reasons not clear at the time InfoPowa went to press.
 
The notification advises:  Suspension of Melita Gaming Network Limited Class 4 Licence
 
The Lotteries and Gaming Authority hereby notifies that the licence LGA/CL4/262/2006 held by Melita Gaming Network Limited has been suspended as of 12th May 2011.
 
Melita Gaming Network Limited operated a Class 4 licence.
 
Players who deem to have any outstanding payments due to them on the mentioned licence are to send an email to complaints@lga.org.mt and should submit the following information:
 
1. Name and Surname
2. Registered Address
3. Date of Birth
4. Certified True Copy of Passport, or ID Card or Driving Licence (by email or post)
5. Telephone Number
6. User Name
7. Amount of Claim of Balance or pending Cash Out
8. Screenshot of Balance or any Cash Out's pending (if not available estimated balance)
 
A similar notification follows for True Money Games Ltd (TMG) who operated on a Limited Class 3/4 licence on Melita Gaming Network's platform through the domain name www.truemoneygames.com.
 
A statement to players from PlayWSOB.com, the online backgammon site for World Series of Backgammon, who shared a platform with TMG Ltd (Melita Gaming Network) said:
 
“In recent days it has come to our attention that our technology provider, the Melita Gaming Network (TMG Ltd) based in Malta may have “critical financial problems” following the sudden departure of senior management, including CEO Mr Trevor Ellis and colleagues."
 
"Concerning the liquidation of our technology provider, Melita Gaming Group and Network, who are a totally separate company from WSOB :
 
If you had a cash account, please visit the Maltese Gaming Authority for specific information about how to recover your funds or follow the link for the WSOB statement and feedback from other players.  In the meantime, we are working on a new online backgammon solution for our 1000s of players which we will be announcing soon."
 
From the WSOB perspective, we are of course extremely surprised by these developments and angry at the extremely concerning lack of dialogue from the Melita Gaming Network or Group".
 
Unconfirmed speculation on the message boards is that the Melita Gaming Network has allegedly shut down.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

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Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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