Regulation

Matchbook owner Triplebet hit with UKGC fine as suspension continues

Syndicate with a beneficial holding in Triplebet matched £55m in bets over an 18-month period on Matchbook

Matchbook owner Triplebet has been hit with a £740,000 fine from the Gambling Commission (UKGC) over failings in the operator’s social responsibility and anti-money laundering practices over a two-year period. The exchange operator’s parent company Triplebet had its UKGC licence suspended in February following a comprehensive UKGC review of its operating practices, although the reasons…

Anti-money laundering | Betting exchange | Gambling Commission | Licensing | Matchbook | Regulation | Social responsibility | Triplebet | United Kingdom

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