Curacao based Momaco has acquired the player database of bankrupt sports betting broker BetButler.com for the sum of £1. The investment company reported that it was currently studying the potential launch of a British facing sports betting product in the coming months. BetButler had ceased trading on September 1, as the management of the financially stricken operator looked for new …
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UKGC revokes BetButler’s operating licence
The Gambling Commission has announced that it has revoked BetButler’s remote operating licence ‘having considered all the available information’. Given that the website stopped operating at the end of August, the Commission’s actions is unlikely to have too much of an effect other than to mark the card for other regulators should those behind the operation pop up elsewhere. The …
Read More »Distressed BetButler stops trading ahead of potential sale
Distressed sports betting broker BetButler.com has ceased trading of its betting services, ahead of a potential sale of its customer database, to an undisclosed third party buyer. The following statement was published on BetButler.com: “The Board of BetButler Limited has been approached by a third party regulated gaming business to acquire the customer database, including all balances and pending withdrawal …
Read More »Gambling Commission concern with BetButler player issues
The UK Gambling Commission has expressed its concern with operator BetButler amidst continuing reports it is failing to satisfy customer withdrawal requests. A spokesperson on behalf of the Gambling Commission told eGaming Review: “We remain considerably concerned about a range of issues in relation to this operator and we are continuing to engage with them closely.” A significant amount of …
Read More »UKGC monitor BetButler withdrawal issues
The UK Gambling Commission (UKGC) is monitoring UK online betting/wagering aggregator – BetButler.com, after having received multiple complaints regarding customer withdrawal issues. The UK gambling regulator has made the issue public, after customers of BetButler took to social media channels to complain about the operators poor service and issues when attempting to withdrawal money from the operator. A UKGC statement …
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