The Malta Gaming Authority (MGA) has decided to withdraw the certification granted to Super7plus Limited. This will be effective as of January 17, 2024. This follows provisions 9 (1) (c) and 10 (1) (a) of the Gaming Compliance and Enforcement provisions (S.L. 583.06).
In the aftermath of the verdict, the MGA has established specific requirements that must be met. This entails the imperative closure of the gaming industry as a whole. No form of encouragement will be extended to new entrants.
Adequate provisions must be implemented to allow the currently connected gamers to withdraw any funds that may be left in their individual accounts. Furthermore, the corporation must pay all balance costs owed to the Authority within five days of the order taking effect.
Super7plus is obligated to provide the Authority with a transaction report and an account statement from the relevant bank. This will aid in confirming that the specified players’ outstanding balances have been refunded. Immediately, all affiliations with the Authority and the ruling must be severed. The MGA has stated, nevertheless, that an appeal may be lodged against the verdict under Article 43 (1) of the Act.
The same decision was made at Rush Gaming, another operator when the MGA closed its doors a week prior. In relation to additional regulatory-related news, SportChamps, an operator based in Sydney, was obligated to settle a $11,481 fine for failing to adhere to advertising regulations concerning gambling.