The Malta regulatory body for gaming, the MGA, has rescinded the operating permit of AMGO iGaming Malta. Made public on October 31st, 2023, this action follows the firm’s inability to remit its licensing payments for a twelve-month period, accumulating a balance of nearly €14,000. This was not the initial warning sign for AMGO. The MGA also highlighted their delinquency in timely payments of regulatory adherence charges, a recurring issue that further imperiled their position. Of greatest worry, though, were claims that AMGO was not honoring its fiscal duties to patrons. This generated significant apprehensions regarding their capacity to function ethically and responsibly, ultimately compelling the MGA to intervene and withdraw their license.
AMGO iGaming, an international online gambling operator, is facing scrutiny from the Malta Gaming Authority (MGA) due to repeated regulatory breaches. The company has a history of non-compliance, including delayed fee payments and disregard for MGA guidelines. This recent infraction carries significant weight, potentially impacting their Maltese license and compelling them to reassess their operations within the jurisdiction.
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