Malta regulator suspends online license of CenturionBet/Bet1128

Malta’s gaming regulators have suspended the online gambling license of CenturionBet Ltd, which operates the Bet1128 brand.

On Tuesday, the Malta Gaming Authority (MGA) announced that it had suspended CenturionBet’s remote gambling license, and ordered the company to “indefinitely suspend all gaming operations, cease to register new players, suspend all transactions on all websites, including deposits and withdrawals,” and fully comply with MGA requests for data and documentation.

The MGA notice insists that all websites operating under CenturionBet’s license are “not approved to be operational by the Authority.” However, at present, the Bet1128.com site still prominently displays the MGA logo and the suspended MGA/CL2/527/2008 license number.

Italian gaming news agency Agimeg quoted a CenturionBet statement saying the MGA had “identified procedural irregularities in signing contracts with consultants.” The company expressed “deep regret” over the kerfuffle, while insisting that it had “acted in full compliance” with its regulatory obligations and promising that “all the payment activities of the winnings will be guaranteed.”