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” The operator behind the online sportsbetting domain at 188Bet. Online Casino Online Casino co. Online Casino uk has reportaustralia casino online real moneyedly announced that the site has ceased taking new wagers from punters located in the United Kingdom, Ireland, Gibraltar and the Channel Islands. Balance advice:According to a report from the Racing Post newspaper, the partial closure revealed earlier today by Annatar Limited additionally contained a notice that advised all customers in the affected jurisdictions to withdraw any remaining balances before the end of August 30. Funds secure:Isle of Man-headquartered, Annatar Limited, reportedly described the limited shuttering of 188Bet. Online Casino co. Online Casino Online Casino uk as ‘a commercial decision in a very competitive marketplace’ before explaining that the site remains committed to honoring any associated bet that concludes before the end of June 30.

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The operator moreover stated that it will be returning the stakes of any longer-running wagers and remains ‘solvent and fully able to meet all its financial obligations’ with customer funds being ‘ring-fenced and safe. Online Casino ’Reportedly read a statement from Annatar Limited…“We have provided advance notice of this to our regulators and we will manage the closure of our Great Britain, Northern Ireland, the Channel Islands, Gibraltar and Ireland business and return customer funds in an orderly manner. Online Casino Online Casino If you have any funds in your 188Bet. co. uk account, please login and withdraw your outstanding balance as soon as possible and in any event before [midnight] August 30. ”Climbing competition:The Racing Post reported that the partial cloaustralia casino online real moneysure of United Kingdom-licensed 188Bet. Online Casino Cleopatra Slots Arizona Lottery co. Online Casino

uk comes less than three weeks after 888 Holdings paid approximately . Online Casino 48 million to purchase the online sportsbook at BetBright. com. Online Casino It cited Dublin-based Goodbody Stockbrokers in describing both events as illustrative of the increasingly competitive nature of the British online gaming market. Goodbody Stockbrokers released the following statement…“In total, we believe that 188Bet. co. uk and BetBright.

com only accounted for a small proportion of the United Kingdom’s online market, less than 3%. Online Casino However, their respective exits from the market highlight the competitive nature of the market and the difficulty for sub-scale operators to have a long-term future. Given sector headwinds [such as] competition, regulation and taxation, further United Kingdom brand consolidation is likely, particularly in online gaming. ” In Sweden, the Spelinspektionen gaming regulator has reportedly issued fines to Maltese iGaming firm, Genesis Global Limited, and a subsidiary of Finnish operator, Alands Penningautomatforening (PAF), for breaching its rules on self-exclusion. Online Casino Jackpot City Slots Cheats Iita Significant sanctions:According to a report from iGamingBusiness. Online Casino Online Casino com, the authority for Scandinavia’s largest nation has ordered the Paf Consulting Abp subordinate of PAF to pay a penalty of some ,837 and hit Genesis Global Limited with an even steeper punishment of approximately 3,658. Spelpaus.

se failures:Sweden reportedly launched a regulaustralia casino online real moneyated iGaming market from the first day of January at the same time as premiering a self-exclusion tool at Spelpaus. se. This innovation was designed to prevent those who sign up from being able to access online casino and sportsbetting domains and moreover bans licensed operators from sending marketing materials to anyone on this list. Online Casino However, the Swedish regulator reportedly issued its fines, which were