UKGC Suspends 2 Licences For GAMSTOP Breach
by Glenn Baird - April 6, 2020
The UK Gambling Commission Announced on Friday that they could be suspending 2 licences from operators who had failed to sign up to the self-exclusion scheme GAMSTOP, but the required deadline of the 31st of March.
An announcement was made by the regulator in January this year, stating that all licensees in the UK had to have signed up to GAMSTOP by the 31st of March 2020 or they would be denied the right to trade in the UK. 2 companies, Dynamic, trading as Prophet, and Sportito, failed to meet this demand and as such both have had their licences suspended.
However, since that decision was made, Sportito have signed up to the scheme and as much have had their licence reinstated, but are now subject to continuing review.
The same cannot be said of Dynamic, who have yet to comply with the GAMSTOP requirement and will not be allowed to trade in the UK until they do so.
Neil McArthur, Gambling Commission Chief Executive, said: “We have made it clear to operators that we are ready and willing to use our powers to protect consumers, as this action demonstrates.
“Self-exclusion is an important tool to protect vulnerable consumers, which is why we made it compulsory for all online operators to be signed up to GAMSTOP by 31 March. We took action because the operators had not complied by the deadline, which placed vulnerable consumers at risk.
“One of the suspensions has now been lifted as the operator is now compliant. Our investigations into both operators continue.”