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Account Number: 53672
Fairbetter Limited operates 1 online gambling site in the UK. Their gambling sites include fairbetter.co.uk. Fairbetter Limited has 1 regulatory action on record with the UK Gambling Commission.
Fairbetter Limited
53672
LONDON
Not provided
United Kingdom
Fairbetter Limited has had its operating licence revoked because it failed to meet important rules, including those related to fair practices and preventing money laundering. As a result, they can no longer operate legally in the UK. Players should note that this decision does not affect their ability to play elsewhere, but it's a reminder to stay aware of the companies they choose to gamble with.
Following a licence review under section 116 of the Gambling Act 2005 (“the Act”), the Commission determined to revoke the operating licence issued to Fairbetter Limited (“the Licensee”), under section 117(1)(f) and section 119(1) of the Act. The Commission found the Licensee: 1. Breached the following conditions of its operating licence: Licence condition 2.3.1 – Technical Standards Licence condition 7.1.1 - Fair and transparent terms and practicesLicence condition 12.1.1 Anti-money laundering - Prevention of money laundering and terrorist financing 2. Breached section 82 of the Act by failing to comply with the following social responsibility code provisions: Social responsibility code provision 3.5.5 – Remote multi-operator SR codeSocial responsibility code provision 3.9.1 – Identification of individual customersSocial responsibility code provision 6.1.1 – Complaints and disputes 3. was unsuitable to carry on the licensed activities.