The Malta Gaming Authority announced on Thursday it has decided to cancel the authorization awarded to Super7plus Limited, bearing reference number MGA/B2C/436/2017, effective as of January 17, 2024.
The cancellation of Super7plus Limited’s authorization was decided in terms of regulations 9 (1) (c) and 10 (1) (a) of the Gaming Compliance and Enforcement Regulations.
The MGA’s statement detailing the license cancellation comes with specific directives for Super7plus Limited. The company is instructed to immediately suspend all gaming operations with immediate effect and cease to register any new players, in addition to enabling existing players to access their accounts to request the withdrawal of outstanding player balances.
Concurrently, the company is instructed to settle all outstanding fees that are due to the Authority within a period of five days. Additionally, Super7plus Limited is obligated to submit a comprehensive transaction report extracted from its back-end system, along with supporting bank statements.
This report must confirm the proper remittance of all funds owed to registered players. The company has a tight deadline of seven working days to fulfill this requirement.
Lastly, the company must remove, with immediate effect, any reference to the Authority and the authorization in accordance with Article 51 of the Act
In case Super7plus Limited seeks to contest the MGA’s decision, it has the option to appeal through the Administrative Review Tribunal. The regulatory framework allows the company a 20-day window, starting from the announcement of the decision, to initiate the appeals process.