The Malta Gaming Authority (MGA) has cancelled Field of Fortune Limited’s gaming licence in the country after ruling it breached certain regulations relating to licence fees. The cancellation is effective from 28 June this year, with Field of Fortune no longer able to operate under the MGA licence.
The MGA said Field of Fortune breached regulation nine of Malta’s Gaming Compliance and Enforcement Regulations, which relates to a requirement for licensees to make payments to the regulator.
Specifically, regulation nine covers the failure of an operator to make licence payments to the MGA, as well as ensuring all of these fees are paid in a timely manner.
The MGA said Field of Fortune will now be required to settle all outstanding fees owed to the regulator immediately.