DGV Entertainment loses Malta licence following breach

The Malta Gaming Authority (MGA) has announced its intention to cancel online casino operator DGV Entertainment’s licence, citing numerous regulation infringements
DGV Entertainment loses Malta licence following breach

The Malta Gaming Authority (MGA) has announced its intention to offset online gambling casino manipulator DGV Entertainment’s licence, citing numerous regulation infringements.

DGV was found to feature breached regulation 3(1)(b), past flunk to pay its €25,000 ($25,524) licence fee for 2021. The MGA confirmed this fee is noneffervescent outstanding.

DGV was also found to have got breached regulating 3(1)(a), past failing to make up the regulator applicable share fees, amounting to €10,333, within the timeframe stipulated inward the gaming licence fees regulations.

Additionally, DGV was found to have got infringed Article 41(2)(a) of the Gaming Authorisations and Compliance Directive, past weakness to state audited financial statements for the full point natural covering January 2020 to December 2020 within the specified 180-day timeframe.

Finally, DGV is said to have breached Article 41(1) of the Directive, failing to bow lag financial statements for the full stop natural covering 1 January 2021 and 30 June 2021 by the 30 Aug deadline.

The MGA confirmed that, inwards calorie-free of these breaches, it has moved to scrub DGV’s licence. The manipulator has 20 years from 4 Aug to appeal the decision; it must cater grounds to demo why the cancellation should not tour forward and settle its undischarged fees.

In July, the MGA revoked Field of Fortune’s licence, likewise citing failures to compensate fees inward a well-timed(a) manner.

The licence was cancelled, with Field of Fortune ordered to pay all spectacular fees to the regulator immediately.

The same month, the MGA cancelled BIB Limited’s licence, inwards lightness of a set out of breaches, including non-payment of fees.

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