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MGA Cancels Totup Systems' Licence

24 May 2023 by Therese Williams

This story was published more than 1 year ago.

This week the Malta Gaming Authority announced that they've cancelled the gaming licence of Totup System due to nonpayment of licencing funds.

The decision came after an investigation concluded in April and determined that Totup violated 10(1)(a) of Malta's Gaming Compliance and Enforcement Regulations by not paying their licencing fees. The investigation found that the company hadn't paid their fees for 2022 or 2023.

Totup was given 20 days to respond to the MGA as to why it shouldn't have its licence cancelled but failed to respond to the regulator, resulting in the revocation.

The MGA says that Totup must suspend its gambling operations and not post that they hold an MGA licence. Additionally, the company must pay their outstanding fees of €79,650 within three days of the notice of the cancellation.

It should be noted that Totup has an additional 20 days to appeal the decision, although it appears unlikely that the company will respond in any way.

About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.