Malta Suspends Gaming License of Former 21Bet Operator

This week the Malta Gaming Authority announced that they've suspended the gaming license of Aureate Gaming Solutions, the group that previously operated 21Bet.com.

The license was pulled due to the company providing false information to the MGA, with an investigation finding that "Authorisation was obtained by one or more materially false or misleading representations or in some other improper way as per the proviso to regulation 10(2)(b) of the Gaming Compliance and Enforcement Regulations (S.L. 583.06)."

Aureate had a B2C license, which allowed them to operate online casinos under their Maltese license. The company had run 21Bet until earlier this year when they sold the brand to Incentive Games.

Speaking about the suspension an MGA representative said, "Aureate Gaming Solutions Limited is thus no longer authorised to carry out any gaming operations, register new players or accept new customer deposits, but is required to retain and provide all registered players with access to their player accounts, and to refund all funds standing to the credit of players in line with the applicable law."

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bgsharpe
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14 October 2019 - 1:29pm
#1

So the AGS would of care about the license suspension...if they weren't sold 21 bet I suppose...?!

auCL-Ed
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14 October 2019 - 10:51pm
#2

Well as is usual with these things the question is whether they really sold, or just "sold" to another company controlled by the same people. That's not to say I have any specific knowledge of this company, but I am always suspicious as I have seen it so many times before.

sharpe

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bgsharpe
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16 October 2019 - 5:21pm
#3

O.. , I get that now...didn't thought of that Ed, as you said "sold" might be the case here I guess

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