With reference to the Notice of Cancellation (the ‘Notice’) dated 10 April 2023 issued by the Malta Gaming Authority (the ‘Authority’) and additionally published on the Authority’s website on the 17 April 2023, Totup System Limited (the ‘Authorised Person’) was provided with a twenty-day time period within which it had the right to show cause as to why the Authority should not proceed with the enforcement measure highlighted by said Notice in accordance with reg. 9 (2) (a) of the Gaming Compliance and Enforcement Regulations (SL 583.06) (the ‘Regulations’). The Authorised Person, however, failed to make its submissions to the Authority within the stipulated time-period.
Pursuant to the above, the Authority is hereby notifying the Authorised Person that the Authorisation bearing number MGA/B2C/791/2020 (‘the Authorisation’) is hereby being cancelled in terms of the Regulations. The foregoing decision has been taken pursuant to the grounds mentioned in the aforementioned Notice.
Further to the above considerations, the Authorised Person is hereby being directed to:
- Suspend all gaming operations with immediate effect and cease to register any new players in terms of the Authorisation;
- Settle all outstanding fees that are due to the Authority, amounting to a total of seventy-nine thousand, five hundred, sixty-nine Euro and eighty-nine cents (€79,569.89), within a period of three (3) days from the publication of this communication on the Authority’s website; and
- Remove with immediate effect, any reference to the Authority and the Authorisation in accordance with article 51 of the Gaming Act (Chapter 583 of the Laws of Malta) (hereinafter the ‘Act’).
Without prejudice to the conditions that must be adhered to by the Authorised Person with immediate effect and any other deadline referred to above, the Authorised Person shall comply with the above listed actions by not later than three (3) days from the date of publication of this communication on the Authority’s website. The Authorised Person shall remain liable for all applicable obligations emanating from the Act and any other applicable regulatory instrument.
In terms of Article 43 (1) of the Act, if the Authorised Person feels aggrieved by the decision of the Authority, such person shall have the right to file an appeal before the Administrative Review Tribunal within twenty (20) days from the date of publication of this cancellation.
The Authority reserves the right to take any other measures pertinent to it at law in order to recover the outstanding dues to it from the Authorised Person should the latter fail to rectify accordingly.
This publication is being made in accordance with the first proviso of regulation 12 of the Regulations.