One In, One Out

The past few days have seen one new company enter the UK betting market and another announce their withdrawal.

Entering the market is Delasport who have been granted two licences to operate in the UK market. They’ve been given a B2B remote gambling software licence and also a remote bettig host real events licence.

All this means they will be able to provide approved operators in the UK access to their sportsbook and other services. Their iFrame and sportsbook offering has coverage of over 125 sports There are 100,000 pre-match events and each month sees 70,000 live events with over 3,000 markets The company also offers geolocation content.

The past six months has been a busy time for Delasport. They have entered seven markets and gone live in the Netherlands, Denmark, Sweden and Malta. Approval has also been secured in Germany and Mexico.

Oren Cohen Shwartz is the Chief Executive of Delasport. Speaking about the entry into the UK market, he said: “Entering the British market is the latest in a line of significant victories for our global expansion.”

He added that the company has been working hard to “participate in Europe’s most popular igaming industry.” They are now “eager to collaborate with both new and current partners to present our exclusive portfolio to UK gamers who want the best.”

While Delabet enters the UK market, Bet-at-Home no longer has a licence. They have taken the decision to surrender their licence after seeing it suspended last week by the UK Gambling Commission (UKGC).

That decision was made after the UKGC decided that the bookmakers were possibly breaching rules set down in the 2005 Gambling Act. Areas such as social responsibility and anti-money laundering were due to face further investigation during a review of the company.

Since July 6, Bet-at-Home customers in the UK have no longer been able to make deposits or place bets. They could access their accounts and were able to make withdrawals of funds. No new registrations were possible.

Once that review had been completed, the company could have resumed their operations unless their licence was taken off them. However, this week has seen an announcement that they have surrendered their licence. Last week saw them suspend their affiliate programme in the UK which was their only marketing channel.

Players will be able to withdraw funds from their accounts until 10pm on September 30. After that date, they will have to contact Bet-at-Home directly. The final deadline for withdrawals is June 30, 2023. After this date, any remaining funds will be given to the gambling harm charity GambleAware.