By virtue of the first proviso to Regulation 12 of the Gaming Compliance and Enforcement Regulations (S.L. 583.06) (hereinafter the ‘Regulations’), the Malta Gaming Authority (hereinafter the ‘Authority’) is hereby notifying Totup System Limited (hereinafter referred to as the ‘Authorised Person’) with this Notice of Cancellation (hereinafter the ‘Notice’) in relation to the licence granted to it by the Authority numbered MGA/B2C/791/2020.

The Authority deems that the Authorised Person has committed breaches which have been identified to warrant the issuance of this Notice in accordance with Regulation 10 (1) (a) of the Regulations.  Some of the said breaches are being outlined hereunder: –

• Breach 1 – Regulation 3 (1) (b) of the Gaming Licence Fees Regulations (S.L. 583.03)
  The Authority notes that the Authorised Person repeatedly failed to pay the Authority the applicable licence fees for the years 2022 and 2023. These outstanding fees comprehensively amount to a total of fifty thousand Euro (€50,000) and remain unpaid to date.

• Breach 2 — Regulation 3 (1) (a) and Regulation 6 of the Gaming Licence Fees regulations (S.L. 583.03)
  The Authority notes that the Authorised Person has repeatedly failed to pay the applicable compliance contribution fees due to the Authority, within the timeframe envisaged by reg. 6 (a) of the Gaming Licence Fees Regulations and this since March 2022, to date.

In terms of regulation 10 (2) (a) of the Regulations, the Authority is hereby requesting the Authorised Person to show cause in writing, within twenty (20) days from the date of publication of this Notice, as to why the authorisation should not be cancelled by the Authority. The Authority is also directing the Authorised Person to settle all outstanding dues forthwith.

Should the Authorised Person fail to exercise its right to show cause why the Authority should not proceed with the imposition of the foregoing enforcement measure within the abovementioned twenty (20) days, the Authority shall proceed accordingly.