Feed / Enforcement & compliance
By The Weekly Edge desk ·
The UKGC has suspended the licences of UK betting operators Bet St George and BresBet, SBC News reported. Bet St George's suspension comes five months after its launch.
UKGC licence suspensions affect Bet St George and BresBet, with Bet St George suspended five months after launch.
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Both bookmakers have stopped operating and are surrendering UK licences following suspensions over suspected social responsibility and anti-money laundering failings.
BresBet and Bet St George face licence suspensions over suspected anti-money laundering and social responsibility failures.
The UKGC suspended BresBet and Bet St George’s operating licences and identified operator failings as contributing to money laundering risks.
UKGC advises Bet St George customers who believe the operator owes them funds to contact BTG following the administrator appointment.
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