Bet At Home Leaves the UK after UKGC Suspends License

The United Kingdom Gambling Commission has suspended gambling operator Bet At Home’s UK license for not committing to social responsibility and anti-money laundering requirements.In July 2022, the UKGC suspended Bet At Home’s operator license but instead of putting right the requirements the operator simply left the UK market. After the initial investigation, Bet At Home would have had ample opportunity to upgrade its policies based on the UKGC requirements but as of the 6th July 2022, they no longer accept UK players.The UKGC is one of the strictest regulators in the world and regularly monitors UK Gambling license operators often coming down hard with suspensions and huge fines.Generally, operators in the firing line of the UKGC, are astute and swiftly take corrective action to get the suspension lifted.

UK Players Can Withdraw Funds

Players who are registered with Bet At Home can still access their accounts and withdraw funds until September the 30th, after this date accounts will be closed. If players do not withdraw funds in the above time frame they can only do so by contacting the operator directly, the closing date is June 30th, 2023. Any unclaimed funds after that date will be automatically sent to GambleAware, a gambling harm charity based in the UK.Although the UK government is in the process of reviewing the gambling act, the White Paper has now been delayed for the fourth time after PM Boris Johnson stood down a couple of weeks ago, after 50+ Conservative MPs walked out including Gambling Minister Chris Phip. Before Mr. Phip resigned, he hinted the reformed gambling act would steer more toward the online sector and bring the gambling act in line with the digital era.Phip’s replacement is Damian Collins, the under-secretary of state for online safety at the Department for Digital, Culture, Media, and Sports (DCMS). Whatever the previous White Paper held, may not stand when a new PM is elected. If the new appointee decides to reshuffle his cabinet, they will have fresh input into gambling laws in the UK and the previous detail may change again.

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