MGA cancels authorization of Tipster Limited

(PRESS RELEASE) -- The Malta Gaming Authority has decided to cancel the authorizations awarded to Tipster Limited, bearing reference numbers MGA/B2B/694/2019 and MGA/B2C/191/2010 respectively, effective as of 5 September 2023 in terms of regulations 9 (1) (f) and 10 (1) (a) of the Gaming Compliance and Enforcement Regulations (S.L. 583.06) (the ‘Regulations’), since the Authorized Person is being wound up and the Authority, in its sole discretion, has determined that the cancellation of the authorizations is the most appropriate measure.

Pursuant to the foregoing decision, the Authorized Person is hereby being directed to:

- Duly notify the players, if any, of the cancellation of the authorization;
- Settle all outstanding fees that are due to the Authority immediately; and
- Remove, with immediate effect, any reference to the Authority and the authorizations in accordance with article 51 of the Gaming Act (Chapter 583 of the Laws of Malta) (the ‘Act’).

This decision is being published in terms of the provisos to regulation 12 of the Regulations and may be subject to an appeal in terms of article 43 of the Act.