Malta Gaming Authority suspends Gamebet’s parent co. license

Malta’s gaming regulators have suspended the license of the company behind online gambling site GameBet.com.

On Wednesday, the Malta Gaming Authority (MGA) announced that it had suspended the gaming license of Bet Service Group Ltd, the parent company of GameBet. The company has been ordered to “indefinitely” suspend gaming operations, cease signing up new customers or accepting deposits and submit all data sought by the MGA.

The MGA said it wouldn’t release any further information regarding its rationale for suspending Bet Service’s license so as not to “compromise any investigations” that the MGA or “any other competent authority” may need to perform. But the MGA did invite players who have “any outstanding payments due to them” from Bet Service to contact the regulator with details.

Despite the MGA’s announcement, as of Thursday, the GameBet.com site continues to display the MGA logo and the site’s fine print continues to claim that the site’s sportsbook is “licensed and regulated” by the MGA, while its other gaming products are licensed by the jurisdiction of Curacao.