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MGA officially announces the revocation of Totup System’s license

Published

1 year ago

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Following a breach of regulations, the Malta Gaming Authority (MGA) has officially revoked Totup System’s license.

The breaches primarily involved non-payment of applicable license fees and compliance contribution fees within the specified timeframe.

Despite being given a 20-day window to respond and provide justifications, Totup failed to submit a response, leading to the cancellation of its license.

Consequently, Totup is required to immediately halt all gaming operations and refrain from registering new players.

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Additionally, the company must settle outstanding fees amounting to €79,570 (£68,886/$85,775) owed to the MGA within three days of the cancellation notice.

Furthermore, Totup must remove any mention of the MGA and its now-revoked license from its website.

The company has a subsequent 20-day period to appeal against this decision.

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