On 5 July, European Gaming reported that the MGA had issued its Annual Report and audited Financial Statements for the financial year ending 31 December 2020.  It is reported that the MGA –

  • issued 69 warnings, suspended 3 licences, and cancelled another 12;
  • issued a total of 24 administrative penalties;
  • conducted 30 compliance audits by the Compliance and AML function;
  • carried out 324 desktop reviews, of which 98 identified deficiencies;
  • found 8 individuals and companies not to be “fit and proper”;
  • conducted a total of 27 AML/CFT supervisory examinations;
  • conducted 65 interviews with prospective MLRO and key persons carrying out the AML/CFT – 8 were rejected;
  • received 67 international cooperation requests from other regulators and sent 47 such requests; and
  • received 168 requests for information specifically relating to the manipulation of sports competitions or breaches in sports rules.

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where contributions start as low as $3, at

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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