SBC News Voice of the Sports Betting Industry
Asian focused betting operators Mansion and SBOBET have announced that they will no longer accept wagers from UK customers; the move sees both operators withdraw operations and marketing from the UK ahead of new industry regulations.
Both operators will stop betting services to their UK player bases as of the 15th of September, the day before the UK Gambling Commission (UKGC) deadline for operator licensing.
The operators sent conformation of its planned actions to players, asking for them to withdraw funds from their accounts. Both operators will close player accounts and access to betting services to UK citizens. Bets open on sporting events past the UKGC deadline date will be refunded by the operators.
Mansion and SBOBET will look to fully withdraw from the UK market by 30 September. The operators have confirmed their actions with the UKGC in order to ensure a smooth closing of its UK business services.
Both operators have further confirmed that they will no longer advertise their business services in the UK, in order to be fully in-line with upcoming UKGC policy with regards to marketing and advertising. The operators are set to communicate their closure with marketing partners and third parties in the coming days.
