Struggling igaming operator Canbet has surrendered its UK operating licence in the face of mounting financial concerns. The UK Gambling Commission stated that Canbet’s operator licence had been removed on the 7th of May 2014. The operator had been struggling since the closing months of 2013, at the end of January 2014 a number of the operators customers had made …
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Canbet Closes Leaving Customers Out of Pocket
Peter Lord, director of Australian sports betting operator Canbet, which has terminated its operations leaving customers from Australia, UK, India and Eastern Europe short changed,has said the operator is currently working on a solution to refund customers. Australian news source abc.net.au reports that the operator owes more than AUS $1 million to customers. Lord further stated that Canbet operations would …
Read More »Bodugi get licence suspended
Social betting operators Bodugi have had their licence suspended by the UK Gambling Commission after complaints that users could not access their money. Bodugi’s lack of dialogue with the regulator has forced the Commission to suspend the operating licence. In a statement, the regulator said: “The Gambling Commission has commenced a review under section 116 of the Gambling Act 2005 …
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