UK Gambling Commission Suspends Addison Global’s Operating License
The UK Gambling Commission has suspended Addison Global Limited’s gambling license.
The regulator announced the news this week, revealing that it had suspended the firm’s license under sections 116 and 118 of the Gambling Act 2005 while a review takes place.
According to the UK Gambling Commission, the firm decided to suspend Addison’s license because the regulator believes Addison Global has breached a condition of their license and is unsuitable to carry on offering licensed activities.
As a result of the suspension, Addison Global Limited is now prohibited to offer gambling services, primarily affects its MoPlay.co.uk betting website. However, the firm is able to return all outstanding balances to customers.
What’s more, Addison Global Limited is allowed to settle any outstanding winnings bets that it has accepted and return all outstanding balances to customers. The Gambling Commission expects Addison Global Limited to provide MoPlay customers with clear messaging regarding their accounts.
Users who log in to MoPlay.co.uk are greeted with a short message highlighting the suspension. It reads: “Please note that MoPlay cannot take any further bets or accept other gambling activity. Customers are still able to access their accounts to withdraw any funds held in their accounts.”
Customers who have concerns regarding their account with the betting and casino site are advised to contact the MoPlay customer support team by emailing them on [email protected]
Triplebet’s License Suspension
The news comes just days after the Commission suspended Triplebet’s operating license. The Commission decided to suspend the gambling firm’s license this week following a two-year review into the firm.
Similarly to Addison Global Limited, Triplebet’s operating license was suspended under section 116 of the Gambling Act 2005. Users who visit Triplebet’s sole betting site Matchbook are greeted with a notice about the suspension.
However, a spokesperson for Triplebet has stated that the betting firm is having discussions with the Gambling Commission on how it can rectify the issues and regain its gambling license.
They said: “Triplebet takes its responsibility as a betting and gaming operator very seriously, and accepts the GC panel’s findings following a two-year review. Triplebet believes that compliance goes tot he heart of offering a betting exchange product, and through the introduction of new policies and the establishment of a Compliance Committee Triplebet has shown that it is committed to achieving any standards of compliance required of it.”
Despite the license, Matchbook is required to continue settling all active wagers and allow customers access to their accounts. However, no new wagers or registrations are allowed on the website.