The Malta Gaming Authority (MGA) has cancelled the license of Playbay Malta Limited, which operates HDbets.com. The Malta regulators found the operator guilty of ‘systemic deficiencies’ in its compliance with AML/CFT obligations. As part of the ruling, the operator, Playbay Malta will now be barred from performing gaming operations, registering new players or accepting new customers.

The MGA further ordered that registered players with Playbay Malta will be able to access their accounts and all the funds for registered players will be refunded in compliance with the current regulations.

The MGA released a statement of findings that included:

The Authorised Person’s voluntary suspension of the licence has expired on 6 September 2020, and no plan has been provided by the licensee of when and how it intends to reactivate such authorisation;