The MGA has decided to cancel the authorisation awarded to Pick Mister LTD (MGA/B2C/428/2017) effective as of 25 March 2020 in terms of regulation 10 of the Gaming Compliance and Enforcement Regulations (S.L. 583.06) hereinafter “the Regulations”.
Pick Mister LTD is thus no longer authorised to carry out any gaming operations, register new players or accept new customer deposits, but is required to retain and provide all registered players with access to their player accounts, and to refund all funds standing to the credit of players in line with the applicable law.
This sanction is being imposed upon Pick Mister LTD for having breached the following paragraphs of regulation 9(1) of the Regulations as per details shown hereunder: –
- l) The Authorised Person has failed to pay in a timely manner all amounts due to the Authority in that the Authorised Person failed to remit the sum of ten thousand Euro (€10,000) representing the license fee for the year 2019:
- c) The authorised person has failed to comply with one or more applicable obligations in terms of any regulatory instrument or any other applicable law of Malta; following (i) the failure to submit the completed Compliance Contribution Calculator within the stipulated time-frame and (ii) the failure to submit the Player Fund Reports for the months of August 2019 till February 2020 and this within the stipulated time.
This decision may be subject to an appeal in terms of article 43 of the Gaming Act (Cap. 583).