After a ruling that Totup System had violated the regulations, the Malta Gaming Authority (MGA), has canceled the licence of the online pools specialist.
In April the MGA stated that the breaches were related to Regulation 10(1)(a), Malta’s Gaming Compliance and Enforcement Regulations which covers payments made to the MGA.
Totup did not pay the MGA’s applicable licence fees in 2022 or 2023, as per Regulation 3(1)(b).
Totup was flagged as well for a violation of Regulation 6 in the Gaming Licence Fees Regulations, which involved it failing to pay the Authority the applicable compliance contribution fee within the set timeframe.
The company was given 20 days to respond and show why its license should not be cancelled. Totup did not respond to the changes and as a result, the MGA cancelled the license.
Totup is required to immediately cease all gaming operations and stop registering new players.
Totup must also pay all outstanding fees owed to the MGA. This amounts to EUR79.570 (PS68.886/$85.775). Three days after the cancellation notice date (23 May), the business must make the payment.
Totup should remove all references to the MGA, and its now cancelled licence, from its website.
Totup has 20 more days to appeal the decision.
