SFJL Holding Faces License Suspension By MGA; EGMIT Elite Faces License Cancellation
The Malta Gaming Authority (MGA), the gambling regulatory body in Malta, has revealed that it has suspended the license of SFJL Holding Limited, aka MGA/B2C/313/2006 license (Type 2 Gaming Services license in Malta), which came into force from August 3, 2023 pursuant to regulation 8 (1) (f) of the Gaming Compliance and Enforcement Regulations (S.L. 583.06) (the ‘Regulations’). As a result of the suspension, the company no longer has the authority to continue any operations throughout the period of said suspension.