Stakers License Suspended by MGA

Stakers

In a continuing bad week for Stakers Limited, the company's gaming license has been suspended by the Malta Gaming Authority, following the suspension of their license by the UK Gambling Commission.

Stakers struck out at the UKGC after the regulator suspended their license last week, posting a snarky tabloid-style pop-up on their site, meaning that it's unlikely that they're going to handle this lastest suspension well. The MGA didn't cite any reason for the suspension, but did bar Stakers from legally operating under the jurisdiction's rules. The site is being made to provide customers with access to accounts, and the company is being ordered to pay money to customer accounts.

Stakers does have the ability to file an appeal of the decision, but as of press time we've yet to hear from the company.

Casino Listings News will update readers as we learn more.

About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.
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bgsharpe
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14 March 2020 - 4:34pm
#1

Well, after what I've read in the previous related news...seems like this isn't a surprise at all, how the MGA could of cause that to them...it's a shame😉

lvblck
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14 March 2020 - 4:57pm
#2

Yeah I'm not surprised by this either. To be fair, in my opinion, with all their fake advertising around forums they definitely brought themselves attention and when validated, was made clear that they don't abide by the necessary regulations.

lvblck
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14 March 2020 - 4:59pm
#3

However, I just checked their website and while UKGC license shows as suspended, the MGA one still shows as valid. Why would they do that? I think they're gonna be in a lot of trouble.

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