The Maltese Lotteries and Gaming Authority (LGA) has issued a notice suspending the gaming licenses issued to Goalgaming Limited.
The notice says that Goalgaming Ltd “has thus been directed to suspend all gaming operations, cease to register new players, not take any further deposits, not offer any games falling under the Authority’s licences, provide registered players access to their accounts, settle all players’ dues and to remove any reference to the Authority, to the licences issued by the Authority and the logo/kite-mark of the Authority from all unapproved websites.”
Players who have outstanding payments due to them from Goalgaming sites are invited to contact the LGA directly giving the personal details set out in the suspension announcement
Players have been reporting cashout difficulties for over 18 months.
As late as January 31, a post on 2+2 from “Jekus,” who describes himself as one of the largest affiliates for the sites, and claims to be in “direct contact with Goalwin’s management and their support,” said that the “whole liquidity problem was caused by 3rd parties. These 3rd parties still owe them enormous amounts of money and they were forced to take legal actions.”
The sites are still up and running, although reference to the LGA appears to have been removed.
In February, Cake Entertainment N.V announced a name change to Cake Next Entertainment Ltd after forming a strategic partnership with Free Web Holding Ltd.
The principals of Free Web Holding include current CEO of Play2B, Francesco Merighi, one of the founders of Goalgaming.