The MGA has decided to cancel the authorisation awarded to Zero Seven Gaming Limited (Licence Number MGA/B2C/381/2017) effective as of 30 December 2019 in terms of regulation 10(1)(a) of the Gaming Compliance and Enforcement Regulations (S.L. 583.06).

Zero Seven Gaming 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 Zero Seven Gaming Limited on the grounds mentioned in article 9 of the Gaming Compliance and Enforcement Regulations (S.L. 583.06), specifically paragraphs: –

  • c) The failure by the Authorised Person to comply with one or more applicable obligations in terms of any regulatory instrument or any other applicable law of Malta following the non-submission of the player funds report for the month of April 2019 within the stipulated time;
  • d) The Authorised Person has failed to discharge financial commitments for its operations, as well as that the Authority has reason to believe that such failure is imminent following the receipt of written assertion made by the said Authorised Person in that the company has run out of funding;
  • l) The failure by the Authorised Person to pay in a timely manner all amounts due to the Authority; in that the Authorised Person has failed to effect payment of the relevant annual licence fees and/or compliance contribution fees.

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