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The Malta Gaming Authority (MGA) has cancelled three separate licences belonging to Morpheus Games, eGaming Lab Limited and M-Hub Gaming C4 Limited, the regulator announced on Tuesday (November 29).
Morpheus Games with one or more of its licence obligations and its authorised person failed to discharge financial commitments or to pay in a timely manner, according to the MGA. The operator must pay the regulator 鈧80,774 in outstanding fees within five working days.
Additionally, Morpheus Games has to immediately remove any reference to the MGA from its products or website.
Fellow operator eGaming Lab, like the other suspensions, also failed to comply with several licence conditions, as well as failing to meet its financial obligations. The company must pay 鈧50,083 within five days of the cancellation and remove MGA references, according to the .
M-Hub Gaming C4 Limited similarly fees and is possibly facing bankruptcy, according to the MGA. However, the company does not owe the MGA money. It also has to remove any MGA reference.
All three separate decisions can be appealed before the Administrative Review Tribunal within 20 days of the publication date.
Separately, the MGA hosted a cooperative meeting with regulators from Ghana鈥檚 National Lottery Authority (NLA).
Following the meeting, the parties agreed to continue working together and set up tailor-made workshops to assist the NLA鈥檚 plans to introduce further regulatory changes to its market.
As part of the meeting, the GLA received an overview of the MGA鈥檚 regulatory approach, in particular its responsible gambling initiatives.
The MGA also said it explained how gambling taxes in the country are structured.
Kinga Warda, the MGA鈥檚 chief of policy and international affairs, said the meeting with the Ghanaian delegation, which included Ghana鈥檚 High Commissioner to Malta, Barbara Akoukor Benisa, served as a platform to 鈥渆xchange valuable perspectives on Maltese and Ghanaian lottery sectors, regulatory environments, and challenges that both jurisdictions face, creating opportunities to collaborate in the future鈥.
鈥淲e welcome such opportunities for collaboration and knowledge-sharing initiatives with other regulators and industry stakeholders. Increased collaboration results in greater efficacy in supervising a safe and responsible gaming environment across the board,鈥 Warda said.
