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Obligation error:The Malta regulator stated that it believes The Daily Fantasy Football Company Limited was moreover about to stumble when it comes to meeting player commitments ‘in a timely manner’ as it believes ‘such failure is imminent’ concerning some €3,483 (,803) in liabilities that were ‘incurred by the authorized person towards player funds’.Immediate sanction:As a consequence, and the MGA used the press release to pronounce that The Daily Fantasy Football Company is now ‘no longer authorized to carry out any gaming operations, register new players or accept new customer deposits’.com was instituted after the firm was adjudged to have contravened two Paragraph 9 tenets of its licensing regulations including the judicious payment of ‘relevant tax, compliance and true-up alignment contributions’....
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