With reference to the Notice of Cancellation (the ‘Notice’) issued by the Malta Gaming Authority (the ‘Authority’) on 29 May 2025, Oddsfly Limited (the ‘Authorised Person’) was provided with a twenty-day time period within which it had the right to show cause as to why the Authority should not proceed with the enforcement measure highlighted by said Notice in accordance with reg. 9 (2) (a) of the Gaming Compliance and Enforcement Regulations (S.L. 583.06) (the ‘Regulations’). The Authorised Person, however, failed to make its submissions to the Authority within the stipulated time-period.
Pursuant to the above, the Authority is hereby notifying the Authorised Person that the Authorisation bearing number MGA/B2C/260/2014 (the ‘Authorisation’) is hereby being cancelled in terms of the Regulations. The foregoing decision has been taken pursuant to the grounds mentioned in the aforementioned Notice.
Further to the above considerations, the Authorised Person is hereby being directed to:
- Settle all outstanding fees that are due to the Authority, amounting to a total of one hundred and four thousand, eight hundred and fourteen Euro and fifty-two cents (€104,814.52), within a period of three (3) days from the publication of this cancellation; and;
- Remove with immediate effect, any reference to the Authority and the Authorisation in accordance with article 51 of the Gaming Act (Chapter 583 of the Laws of Malta) (hereinafter the ‘Act’).
The Authorised Person shall remain liable for all applicable obligations emanating from the Act and any other applicable regulatory instrument. The Authority reserves the right to take any other measures pertinent to at law in order to recover the outstanding dues to it from the Authorised Person should the latter fail to rectify accordingly.
In terms of Article 43 (1) of the Act, if the Authorised Person feels aggrieved by the decision of the Authority, such person shall have the right to file an appeal before the Administrative Review Tribunal within twenty (20) days from the date of publication of this cancellation.