Feed / Enforcement & compliance
By The Weekly Edge desk ·
The UKGC has suspended the licences of BresBet and Bet St George, ISA-Guide reported. The suspensions concern suspected failures involving anti-money laundering controls and social responsibility obligations.
BresBet and Bet St George face licence suspensions over suspected anti-money laundering and social responsibility failures.
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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.
UKGC licence suspensions affect Bet St George and BresBet, with Bet St George suspended five months after launch.
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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