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UKGC suspends operating licences for BresBet and Bet St George
By SectorWire desk ·
Summary
The UKGC has immediately suspended the licences of BresBet and Bet St George over suspected shortcomings in anti-money laundering and social responsibility controls. Both businesses face regulatory reviews, while customers retain account access and can withdraw their funds during the betting halt.
Why it matters
The suspensions halt betting at both operators while requiring them to preserve customer withdrawals and communicate changes affecting customers.