Stakers Limited Licence Suspended by UKGC
by Glenn Baird - March 5, 2020
The Maltese based sportsbook and casino, Stakers, has had its UK licence suspended by the British regulator as of the 4th of March 2020.
The UKGC has announced that they have triggered section 118 of the 2005 Gambling Act, which allows the regulator to suspend and licence whose operator they believe is in violation of gambling legislation.
The Commission believes that Stakers are in violation of section 116(2)(a) of the Act, which states that the regulator: “has reason to suspect that activities may have been carried on in purported reliance on the licence but not in accordance with a condition of the licence.”
The decision to suspend Stakers’ licence was taken yesterday, with the Commission making the verdict public knowledge today. This means that Stakers will not be able to provide services to any UK based customers until the suspension has been lifted.