In an announcement, published on April 24 on its website, the Malta Gaming Authority informed the online gambling community about the suspension of Wish Me Luck Ltd. license. The company was operating under authorization number MGA/B2C/342/2016. Violations of the Gaming Compliance and Enforcement Regulations were cited as a reason for the suspension.
The MGA authorities ordered Wish Me Luck to cease the registration of new customers, suspend all gaming operations, and refund all money from players’ balances. In addition, Wish Me Luck must place a notice on its website(s) informing players that it should no longer be associated with the Malta Gaming Authority.
Players who have any outstanding payments should contact the MGA officials and submit the required documentation to have their payments cleared.
Wish Me Luck was founded by the professional blackjack player Raphael Kalogeropoulos and was granted a Maltese license in 2016. It took pride in being the first online raffle and lotteries company to be licensed and regulated by the MGA.
According to Wish Me Luck CEO, the fair odds and the minimised company profits are the foundation on which Wish Me Luck is built.
For now, the MGA is not revealing any details regarding the suspension as this might affect the investigation that is going to commence.