{"id":86,"date":"2024-06-13T12:18:57","date_gmt":"2024-06-13T09:18:57","guid":{"rendered":"https:\/\/abigcandycasinonodepositbonus.icu\/2024\/06\/13\/bet-at-home-exits-uk-market-after-license-revocation\/"},"modified":"2024-06-17T13:22:19","modified_gmt":"2024-06-17T10:22:19","slug":"bet-at-home-exits-uk-market-after-license-revocation","status":"publish","type":"post","link":"https:\/\/abigcandycasinonodepositbonus.icu\/2024\/06\/13\/bet-at-home-exits-uk-market-after-license-revocation\/","title":{"rendered":"Bet-at-home Exits UK Market After License Revocation"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/13ALftlrL6E\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>A prominent European gaming provider, Bet-at-home, has ceased its UK operations following the revocation of its license by the UK Gambling Commission.<\/p>\n<p>The firm disclosed the closure on its platform, indicating that it would not challenge the Commission&#8217;s ruling.  The Commission suspended Bet-at-home&#8217;s license in July 2022 due to apprehensions regarding the company&#8217;s social responsibility and anti-money laundering protocols, which contravene the Gambling Act of 2005. <\/p>\n<p>Initially, Bet-at-home stopped onboarding new clients and deactivated its wagering and deposit functionalities. However, existing patrons could still access their accounts and retrieve their funds. <\/p>\n<p>In the announcement posted on its website, Bet-at-home stated: &#8220;Valued Players, we regret to inform you of our decision to relinquish our operating permit granted by the UK Gambling Commission and to exit the UK market.<\/p>\n<p>You are presently unable to register, place bets, engage in games, or make deposits with us. You have the option to log into your account and initiate a withdrawal of any remaining balance via email by 30.09.2022 (10:00 AM UK time).&#8221; <\/p>\n<p>Online wagering platform, Bet-at-home, experienced a challenging commencement to 2022.  The initial quarter witnessed their earnings plummet by over 50% in contrast to the corresponding period the previous year.  This decline was primarily attributed to revised legislation implemented in two of their most substantial markets, Germany and the Netherlands. <\/p>\n<p>To illustrate the severity, their gross gaming revenue only reached \u20ac14 million \u2013 a stark contrast to the \u20ac30 million generated in the first quarter of 2021.  This resulted in a considerable financial setback, transforming their \u20ac4.4 million profit from the preceding year into a \u20ac2.7 million deficit. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A prominent European gaming provider, Bet-at-home, has ceased its UK operations following the revocation of its license by the UK Gambling Commission. The firm disclosed the closure on its platform, indicating that it would not challenge the Commission&#8217;s ruling. The Commission suspended Bet-at-home&#8217;s license in July 2022 due to apprehensions regarding the company&#8217;s social responsibility [&hellip;]<\/p>\n","protected":false},"author":91,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bet-at-home Exits UK: Gambling License Revoked by UKGC<\/title>\n<meta name=\"description\" content=\"Major European gaming operator, Bet-at-home, ceases UK operations after the UK Gambling Commission revokes its license. 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Find out why and what it means for players.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/abigcandycasinonodepositbonus.icu\/2024\/06\/13\/bet-at-home-exits-uk-market-after-license-revocation\/\" \/>\n<meta property=\"og:site_name\" content=\"Indulge in the Most Exciting Casino Games Online | Licensed\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-13T09:18:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T10:22:19+00:00\" \/>\n<meta name=\"author\" content=\"Lincoln &quot;Lynx&quot; Lang\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lincoln &quot;Lynx&quot; Lang\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/abigcandycasinonodepositbonus.icu\/2024\/06\/13\/bet-at-home-exits-uk-market-after-license-revocation\/\",\"url\":\"https:\/\/abigcandycasinonodepositbonus.icu\/2024\/06\/13\/bet-at-home-exits-uk-market-after-license-revocation\/\",\"name\":\"Bet-at-home Exits UK: Gambling License Revoked by UKGC\",\"isPartOf\":{\"@id\":\"https:\/\/abigcandycasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-13T09:18:57+00:00\",\"dateModified\":\"2024-06-17T10:22:19+00:00\",\"author\":{\"@id\":\"https:\/\/abigcandycasinonodepositbonus.icu\/#\/schema\/person\/07bb6655d0f17d4cec78be6028301faf\"},\"description\":\"Major European gaming operator, Bet-at-home, ceases UK operations after the UK Gambling Commission revokes its license. 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