The British Gambling Commission has temporarily suspended Bet-at-home’s operating permit while it conducts an investigation into the company. From today, the suspension is in full force and effect (7 July). This week, Bet-at-home shut down its GB Affiliate program, the sole marketing platform it used in the nation. Alessandro Manzella, the head of marketing at Bet-at-home, informed iGB yesterday (6 July) that the operator was staying in the GB market.
Manzella failed to respond when questioned about this assertion following the announcement of the suspension. The Commission stated in its announcement of its choice that the review and ensuing suspension were made due to worries that “activities may have been carried out in violation of the Gambling Act 2005.”
The Commission claimed that Bet-at-license home.com’s may not have covered these operations and that as a result, it may not be proper for the company to engage in its licensed activities. The regulator also stated that deficiencies in anti-money laundering and suspected social responsibility were important factors in the decision to suspend the license. While the suspension was granted in line with section 118 (2) of the Act, the review will be conducted in accordance with section 116 of the Act.
The operator has been informed that we expect it to prioritize treating customers fairly and keeping them fully informed of any changes that may affect them during the suspension, the Commission said.
“The operator is still able to permit customers to access their accounts and make withdrawals notwithstanding the suspension. You can get in touch with Bet-at-home.com Internet Limited, the company behind bet-at-home.com, bet-at-home.co.uk, and uk.bet-at-home.com, via its website.
In May, Bet-at-home disclosed how regulatory issues in Germany, Austria, and the Netherlands caused a more than 50% decline in revenue during the first quarter of 2022.