With reference to the Notice of Cancellation (hereinafter the ‘Notice’) dated 04 August 2022 issued by the Malta Gaming Authority (‘Authority’), DGV Entertainment Group Limited (hereinafter the ‘Authorised Person’) was provided with a twenty-day time period within which it had the right to show cause as to why the Authority should not proceed with the enforcement measure highlighted by said Notice in accordance with reg. 9 (2) (a) of the Gaming Compliance and Enforcement Regulations (S.L. 583.06) (hereinafter the ‘Regulations’). The Authorised Person, however, failed to make its submissions to the Authority within the stipulated time-period
Pursuant to the above, the Authority is hereby notifying the Authorised Person that the Authorisation bearing the number ‘MGA/B2C/723/2019’ (hereinafter the ‘Authorisation’) shall be cancelled in terms of the Regulations. The foregoing decision to cancel the Authorisation has been taken pursuant to the grounds mentioned in the aforementioned Notice.
Further to the above considerations, the Authorised Person is hereby being directed to:
- Suspend all gaming operations with immediate effect and cease to register any new players in terms of the Authorisation;
- Settle all outstanding fees that are due to the Authority, amounting to a total of thirty-six thousand, three hundred and one euro, and seven cents (€36,301.07), within a period of five (5) working days from the date of receipt of this letter; and
- Remove, with immediate effect, any reference to the Authority and the Authorisation in accordance with article 51 of the Gaming Act (Chapter 583 of the Laws of Malta) (hereinafter the ‘Act’).
Without prejudice to the conditions that must be adhered to by the Authorised Person with immediate effect and any other deadline referred to above, the Authorised Person shall comply with the above listed actions by not later than seven (7) days from the date of receipt of this letter. The Authorised Person shall remain liable for all applicable obligations emanating from the Act and any other applicable regulatory instrument.
In terms of Article 43 (1) of the Act, if the Authorised Person feels aggrieved by the decision of the Authority, such person shall have the right to file an appeal before the Administrative Review Tribunal within twenty (20) days from the date of publication of this cancellation.
The Authority reserves the right to take any other measures pertinent to it at law in order to recover the outstanding dues to it from the Authorised Person should the latter fail to rectify accordingly.
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