Most of the players affected by the closure of Playbanks are...

Most of the players affected by the closure of Playbanks are still waiting to receive their payments. Bookmakers Review to contact again the Lotteries and Gaming Authority in Malta. We had previously suspended the rating coverage of Playbanks as we were confident that the LGA's requirement to keep customers' funds separated from the sportsbook's money would have guaranteed payments in this case. It appears we were too quick to jump to this conclusion. Playbanks' rating has been updated to S and the sportsbook has been added to the Red list.

Date published: 07 January 2007


Related rating updates

  • 17-04-2008  Malta's Lotteries and Gaming Authority advises Playbanks customers...   [read more]
  • 22-01-2008  Frances Blenheim, Complaints Officer at the Lotteries & Gaming...   [read more]
  • 11-10-2007  Playbanks: will players have to wait 30 months to receive their...   [read more]
  • 29-06-2007  Seven weeks after the Lotteries and Gaming Authority in Malta...   [read more]
  • 25-05-2007  10-05-2007: Mario Galea, Chief Executive of the Malta Lottery...   [read more]
  • 20-02-2007  Playbanks update: We have just been told the LGA is encountering...   [read more]
  • 12-01-2007  The Lotteries and Gaming Authority told Bookmakers Review they...   [read more]
  • 11-01-2007  The Lotteries and Gaming Authority has requested Playbanks owners...   [read more]
  • 08-01-2007  Playbanks tells the Lotteries and Gaming Authority that all players...   [read more]
  • 01-12-2006  We have received multiple complaints from players saying that...   [read more]
  • 29-11-2006  Playbanks announces that it will cease trading. The online...   [read more]
  • 03-10-2006  Playbanks newly rated at 2.5





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