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  4. Stakers Limited interim suspension of operating licence

Stakers Limited interim suspension of operating licence

05 March 2020

Stakers Limited trading as Stakers have had their licence suspended pending investigation, due to a number of complaints regarding compliance issues.

We have commenced a review under section 116 of the Gambling Act 2005 (the Act) and, under section 118 of the Act, have decided to suspend Operating Licence No 000-050185-R-328112-006 Combined Remote Operating Licence – Real Event and Virtual Betting Casino held by Stakers Limited whilst that review takes place. This is due to a number of compliance issues.

We suspect that Stakers Limited has breached a condition of the licence (section 116(2)(a) of the Act)) and is unsuitable to carry on the licensed activities (section 116(2)(c)(i)) of the Act). We therefore consider it appropriate to suspend the licence with immediate effect pending the conclusion of the review.

The licence suspension, effective from 4 March, makes it illegal for Stakers Limited to offer gambling services via its stakers.com website in Great Britain. For further information, customers are able to view the company’s terms and conditions.

We have instructed the operator to facilitate customers accessing their accounts to withdraw funds and advise customers not to place any bets through the Stakers website.

If a customer has questions concerning their account we advise they contact the operator on support@stakers.com.