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Malta LGA Suspends GoalWin sports betting license

Company told to halt all Malta-licensed activity from June 3.
Malta's regulator, the Lotteries and Gaming Authority, has suspended the remote sports betting license of operator Goalgaming Limited following player complaints regarding pay-outs.
The suspension covers all activity, including new player sign-ups and all depositing facilities, the LGA said in a public statement, which advised:
"Goalgaming Limited has been directed to suspend all gaming operations, cease to register new players, not take any further deposits, not offer any games falling under the Authority’s licences, provide registered players access to their accounts, settle all players’ dues and to remove any reference to the Authority, to the licences issued by the Authority and the logo/kite-mark of the Authority from all unapproved websites.
"Furthermore the Authority hereby notifies that any websites operated by Goalgaming Ltd or associated with Goalgaming Ltd and which make reference to the Authority or the above-quoted licences are not approved to be operational by the Authority.
"Due to its suspension of licences, Goalgaming Ltd., is therefore not authorised to continue conducting gaming by means of distance communications under an Authority licence.
"Players who deem to have any outstanding payments due to them on the mentioned licences are to send an email to and should submit the following information:
1. Name and Surname;
2.Registered Address;
3. Date of Birth;
4. Copy of Passport or ID Card;
5. Telephone Number;
6. User Name; and
7. Screenshot of Balance or any pending Cash Outs (if not available an estimated balance is to be submitted).
"The Authority notifies that no further information shall be released at this stage in order not to compromise any investigations that may need to be performed by the Authority and/or any other competent authority."

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Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

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PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

Novomatic has announced a legal action against Euro Games Technology - Online and land gambling equipment and games provider Novomatic has announced a legal action against Euro Games Technology Ltd., which it claims has unfairly created imitations of its slot games.

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Team Hot Launches - #teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.

Netent Q3-2016 Earnings Report - #netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.

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