Bet St George & BresBet Have Licenses Suspended By UKGC
The UK Gambling Commission has suspended the licenses of both BresBet Ltd which runs bresbet.com and Bet St George Ltd which operates betstgeorge.com for suspected Anti-money laundering and Social responsibility failings. The full announcement by the UKGC is below:
The Gambling Commission has suspended the operating licence of BresBet Ltd which runs bresbet.com and Bet St George Ltd which operates betstgeorge.com.
The suspension of BresBet (operating licence no 065252-R-340096-002) and Bet St George Ltd (operating licence no 067818-R-341699-001) follows Commission enquiries which revealed suspected social responsibility and anti-money laundering failings.
The Commission is now carrying out a review of both licences under section 116 of the Gambling Act 2005 and the suspension will remain in place until the Commission is satisfied the businesses are compliant.
It has been made clear to both operators that during the course of the suspension they are expected to treat consumers fairly and keep them fully informed of any developments which impact them.
The suspension, which takes place immediately, does not prevent either operator from allowing consumers to access their accounts and withdrawing funds. Both businesses can be contacted through their websites.
