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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. Online Casino Funds secure:Isle of Man-headquartered, Annatar Limited, reportedly described the limited shuttering of 188Bet. Online Casino co. 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. Online Casino Online Casino 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. ’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. Online Casino 777 Casino Games Rate co. uk account, please login and withdraw your outstanding balance as soon as possible and in any event before [midnight] August 30. Online Casino ”Climbing competition:The Racing Post reported that the partial cloaustralian online casino blackjacksure of United Kingdom-licensed 188Bet. Online Casino Online Casino

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co. uk comes less than three weeks after 888 Holdings paid approximately . 48 million to purchase the online sportsbook at BetBright. com. 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. Online Casino co. uk and BetBright. com only accounted for a small proportion of the United Kingdom’s online market, less than 3%. 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. Online Casino Online Casino

Given sector headwinds [such as] competition, regulation and taxation, further United Kingdom brand consolidation is likely, particularly in online gaming. Online Casino Online Casino ” 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 Significant sanctions:According to a report from iGamingBusiness. 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 regulaustralian online casino blackjackated 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 Big Win Slots Machine Ipqs However, the Swedish regulator reportedly issued its fines, which were accompanied by official Online Casino