Tag: IBA Entertainment Limited


GGL Bet3000 Case Raises Questions Over Regulatory Enforcement Choices

The GGL did not uncover a criminal betting ring at Bet3000. It did not accuse IBA Entertainment Limited of money laundering, organised crime or secretly running an illegal sportsbook behind the regulator's back. The 37-page revocation decision reviewed by Malta Media is dominated instead by technical and supervisory issues: LUGAS connections, activity-file transmissions, an expired certificate, the involvement of an external technology provider and the regulator's conclusion that these problems showed a wider lack of reliability. Those matters are not meaningless, but there is a considerable distance between technical compliance failures and......

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