Smart Operations Ltd’s licence cancelled by the MGA

The Malta Gaming Authority (MGA) has cancelled Smart Operations Ltd’s authorisation to operate, a licence initially granted on 30th April 2021.

Smart Operations’ Ltd, a Malta-based iGaming company, has breached regulation 9 (1) of the Gaming Compliance and Enforcement Regulations.

According to the MGA, Smart Operations Ltd has:

• failed to comply with one or more applicable obligations in terms of any regulatory instrument or any other applicable law of Malta
• failed to discharge financial commitments to the MGA for its operations
• failed to pay in a timely manner all amounts due to the MGA

Smart Operations Ltd is no longer authorised to operate games, register new players or accept new customer deposits, but must allow customers to access their accounts and refund all current credit balances.

Featured Image: Pexels