Equatorial Guinea has ordered sports betting houses to suspend operations while authorities investigate suspected licensing, tax and employment violations. A National Gendarmerie report examined nine gambling businesses, including five betting operators named as 1xBet, Geloto, África Gamme, Forzza and Bettomax.
Investigators allege that approximately $4.234 million linked to 1xBet was transferred abroad through cash movements and cryptocurrency transactions during 2023–2025 and the first two months of 2026. The report also cites a separate CFA505.17 million in payments allegedly handed to an intermediary since May 2026. These amounts relate to different periods and should not be added as a single confirmed total. The allegations remain under investigation.
Licensing uncertainty
Authorities said some operators lacked the required online betting authorisations. Bettomax’s existing permit was cancelled as inconsistent with the applicable framework. The government has instructed betting houses to remain closed while investigations continue. Affiliates and suppliers should verify local authorisation and avoid presenting the allegations as established findings of guilt.