News

Malta Gaming Authority delivers notice of cancellation to AMGO iGaming

1?November?2023


(PRESS RELEASE) -- The Malta Gaming Authority is hereby notifying AMGO iGaming Malta Limited (hereinafter the “Authorized Person) with this Notice of Cancellation in relation to its license numbered MGA/B2C/163/2008, by virtue of the first proviso to regulation 12 and in terms of regulation 8 (1) (f) of the Gaming Compliance and Enforcement Regulations (S.L. 583.06), hereinafter the “Regulations.”

The Authority deems the Authorized Person to have committed the following breaches, which warrant the issuance of this Notice of Cancellation in accordance with regulation 10 (1) (a) of the Regulations.

Breach 1 – Regulation 3 (1) (b) of the Gaming License Fees Regulations (S.L. 583.03).
The Authority notes that the Authorized Person failed to pay to the Authority the total annual license fee covering the period between 22 November 2022 to 22 November 2023. The balance of thirteen thousand, nine hundred and fifteen Euro and twelve cents (€13,915.12) remains to date outstanding.

Breach 2 — Regulation 3 (1) (a) and Regulation 6 of the Gaming License Fees regulations (S.L. 583.03).
The Authority notes that the Authorized Person has failed to pay the applicable compliance contribution fees due to the Authority, within the timeframe envisaged by reg. 6 (a) of the Gaming License Fees Regulations and this since January 2023, to date.

Breach 3 – Article 38 of the Player Protection Directive (Directive 2 of 2018)
The Authority has reason to believe that the Authorized Person has failed to meet commitments to players in a timely manner, or the Authority has reason to believe that such failure is imminent.

In sum, the Authority has considered the grounds, replicated hereunder, by means of reg. 9 (1) (c), (d) (i) and (l) of the Regulations, as relevant in its decision:

• The Authorized Person has failed to comply with one or more applicable obligations in terms of any regulatory instrument or any other applicable law of Malta;
• The Authorized Person has failed to discharge financial commitments for its operations;
• The Authorized Person has failed to pay in a timely manner all amounts due to the Authority;
• The Authorized Person has failed to meet commitments to players in a timely manner, or the Authority has reason to believe that such failure is imminent.

In terms of regulation 10 (2) (a) of the Regulations, the Authority is hereby requesting the Authorized Person to show cause in writing, within twenty (20) days from the date of publication of this Notice, as to why the authorization should not be cancelled by the Authority.

The Authority is also directing the Authorized Person to settle all outstanding dues forthwith and to follow the process emanating from reg. 9 (1) of the Gaming Player Protection Regulations (S.L. 583.08).

Moreover, and in terms of reg. 6 (4) of the Regulations, the Authorized Person shall be charged the applicable interest rate emanating from the Income Tax (Interest Rate) Rules up until the date upon which it shall affect payment of the balance of the aforementioned license fee.

Should the Authorized Person fail to exercise such abovementioned right within the stipulated period and fail to regularize its position according to the applicable law, the Authority shall proceed accordingly with the identified enforcement measure.

This Notice shall be without prejudice to any other notice and/or enforcement measure which the Authority may deem appropriate to issue in the future.

The Authority reserves the right to take any other measures pertinent to it at law in relation to the outstanding dues that the Authorized Person owes its players as well as the Authority, should AMGO iGaming Malta Ltd fail to rectify this accordingly.