Cancellation of Authorisation for Sports Fantech Limited (C 75155)

The MGA has decided to cancel the authorisation awarded to Sports Fantech Limited (MGA/B2C/387/2017) effective as of 13 November 2019 in terms of regulation 10 of the Gaming Compliance and Enforcement Regulations (S.L. 583.06).

Sports Fantech 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 Sports Fantech Limited for having breached paragraph (h) of the Third Schedule to the Gaming Act (Chapter 583 of the Law of Malta) following the failure to effect payments to the Authority when lawfully due.

This decision may be subject to an appeal in terms of article 43 of the Gaming Act (Cap. 583).

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