The Gambling Commission has suspended BresBet’s operating licence after enquiries revealed suspected social-responsibility and anti-money-laundering failings. The operator, which runs bresbet.com, said it was temporarily unavailable and was not currently accepting bets while it worked through the matter.
The regulator said the suspension takes effect immediately and will remain in place until it is satisfied the businesses are compliant. During the suspension, BresBet and Bet St George Ltd, which operates betstgeorge.com, are expected to treat consumers fairly and keep them fully informed of developments that affect them.
BresBet said on X that it was temporarily unavailable following the suspension and would provide further updates when appropriate. The company also said it was not currently accepting bets.
The Commission is carrying out a review of both licences under section 116 of the Gambling Act 2005. That provision allows the regulator to review operating licences and the way licence conditions are being carried out, and it can do so when it suspects a licence may not be being used in line with its conditions or when it considers a review appropriate.
The case sits within the Commission’s wider enforcement role. Its policy says it uses compliance measures, regulatory settlements, licence reviews and formal enforcement action to protect consumers and uphold the licensing objectives, while its anti-money-laundering guidance says it must ensure adequate controls are in place to prevent gambling businesses being used for money laundering and terrorist financing.
