Suspension of Authorisation for Tipster Limited (C-50436)
The Malta Gaming Authority is suspending the authorisations awarded to Tipster Limited (the ‘Authorised Person’), holder of MGA licences MGA/B2C/191/2010 and MGA/B2B/694/2019 respectively, effective as of 27 June 2023, in terms of reg. 8 (1) (f) of the Gaming Compliance and Enforcement Regulations (S.L. 583.06) (the ‘Regulations’).
The Authorised Person is thus no longer authorised to carry out any gaming operations, but is required to retain and provide access to all registered players to their player accounts and to refund all funds standing to the credit of players in line with the applicable law.
This sanction is being imposed upon the Authorised Person in accordance with reg. 9 (1) (f) of the Regulations since the Authorised Person is being wound up. This decision may be subject to an appeal in terms of article 43 of the Gaming Act (Chapter 583 of the Laws of Malta).
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