Cancellation of Authorisation for Evobet Limited (C 55926)
The Malta Gaming Authority has decided to cancel the authorisation awarded to Evobet Limited (MGA/B2C/268/2012), hereinafter the “Authorised Person”, effective as of 16 July 2021 in terms of regulation 10 of the Gaming Compliance and Enforcement Regulations (S.L. 583.06), hereinafter the “Regulations”.
This sanction is being imposed upon the Authorised Person for having breached regulation 9 (1) of the Regulations, as per the reasons manifested hereunder: –
- the Authorised 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 Authorised Person has failed to pay in a timely manner all amounts due to the Authority.
The Authorised Person is thus no longer authorised to carry out any gaming operations, register new players or accept new customer deposits, but is required to retain and provide all registered players with access to their player accounts, to refund all funds standing to the credit of players in line with the applicable law and to settle all outstanding fees that are due to the Authority immediately.
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