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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.

The United Kingdom of Great Britain and Northern Ireland sits to the north-west of mainland Europe. The United Kingdom shares a border with The Republic of Ireland and has coasts on the Atlantic Ocean, Celtic Sea, North Sea, Irish Sea and English Channel. The population of the UK is approaching the 67.6 million mark leading to a fairly densely populated land mass. The gambling sector in the United Kingdom is entirely regulated and licensed by the UKGC – the United Kingdom Gambling Commission. Should players resident In the UK wish to gamble with foreign based operators there is no history of this being treated as a criminal offence, but high levels of protection exist for UK residents playing with UK licensed operators.

Disclaimer:

The above information is what we believe to be the the legal status of online gambling, however information on this topic is limited and hard to find. We accept no liability for any errors or ommissions. It is the reader’s responsibility to ensure that they know the legality of online gambling in their country before engaging with any online gambling service.