MGA Cancels Goldwin’s Gaming Licence

Goldwin’s gaming licence has been officially revoked by the Malta Gaming Authority (MGA).

The decision, effective from March 13, 2025, requires Goldwin to comply with strict regulatory directives.

The company must notify players, clear outstanding fees, and immediately cease using MGA branding in all communications.

MGA Cancels Goldwin’s Licence, Orders Player Notification & Compliance Measures

Key Points

• The Malta Gaming Authority has cancelled Goldwin’s gaming licence due to compliance breaches.
• Goldwin must notify players, process withdrawals, and settle outstanding fees within five days.
• All references to MGA licensing must be removed from Goldwin’s website and marketing materials.

MGA Moves to Cancel Goldwin’s Licence Over Regulatory Failures

The Malta Gaming Authority (MGA) has taken decisive action against Goldwin, revoking its gaming authorisation (MGA/B2C/533/2018) under the Gaming Compliance and Enforcement Regulations.

The move underscores Malta’s commitment to upholding regulatory integrity in its globally recognised gaming industry.

Goldwin now faces a series of mandatory compliance steps, including:

• Player Notification: The company must inform players of the licence cancellation via email and prominently display a notice on its website for 30 days.
• Withdrawal Assistance: Players seeking to withdraw their funds must be directed to the MGA’s ticketing system for support.
• Fee Settlement: Goldwin is required to settle all outstanding regulatory fees with the MGA within five working days.
• Branding Removal: Under Article 51 of the Gaming Act, Goldwin must eliminate all references to its MGA licence from its website, promotional materials, and advertising.

Good to Know: Goldwin retains the right to appeal this decision under Article 43(1) of the Gaming Act.

MGA’s Strengthened Regulatory Approach for 2025

This latest enforcement action follows the MGA’s announcement of a renewed regulatory strategy for 2025, aimed at enhancing oversight and industry accountability.

The revised approach focuses on:

• Risk-Based Resource Allocation – Prioritising regulatory efforts on operators with higher compliance risks.
• Enhanced Collaboration – Strengthening cooperation with international regulatory bodies and financial authorities.
• Proactive Risk Management – Identifying potential compliance risks early to mitigate financial and operational disruptions.

These measures reflect Malta’s commitment to maintaining a transparent and well-regulated iGaming sector, ensuring fair play and consumer protection.

A Clear Warning for Non-Compliant Operators

The revocation of Goldwin’s licence sends a strong message to gambling operators: compliance with MGA regulations is non-negotiable.

As the MGA intensifies enforcement efforts, operators must prioritise compliance, transparency, and responsible gambling to avoid similar penalties.

With its 2025 regulatory strategy in full force, the MGA is reinforcing its position as a global leader in iGaming oversight. Operators failing to meet standards risk not only losing their licences but also damaging their reputations in an increasingly regulated market.