The Malta Gaming Authority announced on Wednesday that it has decided to cancel the authorization awarded to Tipin Limited, bearing reference numbers MGA/B2C/808/2020, effective as of 29 November 2023.
The cancellation of Tipin Limited’s authorization was decided in terms of regulation 10 (1) (a) with direct application of reg. 9 (1) (c), (d), (i), (I) and (m) of the Gaming Compliance and Enforcement Regulations.
Pursuant to the decision, the licensee is hereby being directed to:
- Settle all outstanding fees that are due to the Authority within a period of five working days from the effective date referred to above;
- Remove, with immediate effect, any reference to the Authority and the authorizations in accordance with article 51 of the Gaming Act.
This decision is being published in terms of the provisos to regulation 12 of the Regulations and may be subject to an appeal in terms of article 43 of the Act, added the Gaming Authority.
The cancellation follows MGA’s revocation of the authorization granted to SFJL Holding last month. This action followed a prior suspension of SFJL Holding’s operating license in August, during which the company was barred from conducting any gaming operations. The suspension was triggered by SFJL Holding’s failure to comply with various gaming regulations in Malta.
Original article: https://www.yogonet.com/international/noticias/2023/12/01/69905-mga-cancels-tipin-limited-39s-authorization
