MGA Cancels Three Gambling Licences
The Malta Gaming Authority (MGA) has cancelled multiple licences in the country, mostly as result of the failure to pay their licence fees. All three companies breached local regulations, seeing their licences being revoked whilst the companies have 5 working days to complete the outstanding amounts.
According to the statement of the authority, the iGaming businesses were ruled to have breached both regulation 10 (1) (a) and regulation 9 of Malta’s Gaming Compliance and Enforcement Regulations, which are references to payments due to the MGA. The three companies that are alleged not to have not stuck to the rules of the Maltese authority are eGaming Lab, Morpheus Game, M-Hub Gaming: three software providers.
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Payments Due to the MGA
In the case of eGaming Lab, the Malta Gaming Authority said the business failed to make payments for licensing to the MGA, with a total amount of € 50,083 (NZ$ 83.152) owed to the regulator. The Malta regulator said that the company is still required to pay the amount due despite cancelling the licence, with eGaming Lab having 5 working days from the date of the notice (sent on 29 November 2022) to comply with the payments due to the MGA.
Morpheus Games is also reported to have failed to make payments to the regulator in line with the conditions of holding a licence in the European country. According to the MGA, Morpheus Games owes a total amount of € 80,775 (NZ$ 134.110) to the regulator. It also has 5 working days to settle the fees with the same date of the notice of 29 November. The authority did not disclose the amount owned by M-Hub Gaming, nor did it demand payments. Like eGaming Lab and Morpheus Games, M-Hub Gaming was still ordered to remove any reference to a MGA licence. The regulatory approval has been withdrawn with immediate effect.
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Right to Appeal
Conforming to Article 43 (1) of the Malta Gaming Act, the three iGaming concerns do have the right to appeal the decision that cancelled the licences, should they rightfully feel prejudiced by the order. M-Hub Gaming, eGaming Lab, and Morpheus Games have 20 working days from the date of their respective notices to appeal against the decision, each of which was officially reported on the 29th of November. In its 2021 annual report, the MGA revealed that the number of cancelled licences has decreased significantly as the regulator decided to opt for lighter penalties such as warnings instead of more severe measures. The authority has not revealed the reason to opt for milder actions.
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