Malta Gaming Authority Suspends BoomBang VIP Casino's License

MGA Takes Decisive Action Against Liinoo Invest Europe Limited: The Malta Gaming Authority (MGA) has reported the suspension of the casino license held by Liinoo Invest Europe Limited, the company behind BoomBang VIP Casino. This suspension, effective from December 1, 2023, is a response to multiple regulatory violations under the Gaming Compliance and Enforcement Regulations (S.L. 583.06).

Violations Leading to Suspension

The suspension is based on specific provisions of the regulations, including:

• The authorized person (Liinoo Invest Europe Limited) is bankrupt, insolvent, or is being wound up.
• The company needs to meet commitments to players promptly, or there is a belief that such failure is imminent.
• The MGA, in its discretion, has determined that there is a material and sufficient reason for suspending the authorization.

Liinoo Invest Europe Limited holds authorization with reference number MGA/B2C/291/2015. The suspension is issued under these regulations to ensure compliance and enforcement within the gaming sector.

Obligations Following Suspension

Following the suspension, Liinoo Invest Europe Limited must collaborate with the MGA, adhering to specific guidelines outlined in the Suspension document. The company must also allow the MGA to conduct necessary data extraction procedures.

Appeal and Legal Framework

The decision is made by Regulation 12 of the Gaming Compliance and Enforcement Regulations and is subject to appeal under article 43 of the Gaming Act (Chapter 583 of the Laws of Malta).

BoomBang VIP Casino's License Category

BoomBang VIP Casino's license falls under Type 1, which encompasses games of chance played against the house, where outcomes are determined by a random number generator (RNG). Approved verticals under this license include casinos, slots, scratch cards, lotteries, secondary lotteries, and virtual games.

Conclusion: Ensuring Compliance and Player Safety

The MGA's decision to suspend Liinoo Invest Europe Limited's license highlights the authority's commitment to maintaining a fair and responsible gaming environment in Malta. This suspension serves as a reminder of the stringent regulatory requirements in the gaming industry and the importance of compliance for protecting players' interests. As the gaming sector continues to evolve, such regulatory actions are vital for ensuring the integrity and sustainability of the industry.

About MGA

The Malta Gaming Authority (MGA) started its activity in 2001 to regulate and supervise the gaming industry in Malta. The MGA's primary focus is to ensure that gaming services provided within its jurisdiction are fair and transparent for players. Additionally, the MGA is committed to combating crime, corruption, and money laundering in the gaming sector while also taking measures to protect minors and vulnerable players from the potential harms of gambling.