The MGA has decided to cancel the authorisation awarded to Aureate Gaming Solutions Limited (MGA/B2C/361/2016) effective as of 2 October 2019 in terms of regulation 10 of the Gaming Compliance and Enforcement Regulations (S.L. 583.06).
Aureate Gaming Solutions Limited is thus no longer authorised to carry out any gaming operations, register new players or accept new customer deposits, but is required to retain and provide all registered players with access to their player accounts, and to refund all funds standing to the credit of players in line with the applicable law.
This sanction is being imposed upon Aureate Gaming Solutions Limited on the ground that the relevant Authorisation was obtained by one or more materially false or misleading representations or in some other improper way as per the proviso to regulation 10(2)(b) of the Gaming Compliance and Enforcement Regulations (S.L. 583.06).
This decision may be subject to an appeal in terms of article 43 of the Gaming Act (Cap. 583).