{"id":157,"date":"2024-06-17T10:31:58","date_gmt":"2024-06-17T07:31:58","guid":{"rendered":"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/17\/bet-at-home-exits-uk-market-following-license-revocation\/"},"modified":"2024-06-20T17:11:28","modified_gmt":"2024-06-20T14:11:28","slug":"bet-at-home-exits-uk-market-following-license-revocation","status":"publish","type":"post","link":"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/17\/bet-at-home-exits-uk-market-following-license-revocation\/","title":{"rendered":"Bet-at-home Exits UK Market Following License Revocation"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/K2LE6TaWXKk\" frameborder=\"0\" allowfullscreen><br>\n<\/iframe><\/p>\n<p>A European wagering firm, Bet-at-home, has ceased its UK business. This action comes after the UK Gambling Commission revoked their permit in July 2022. <\/p>\n<p>The Gambling Commission expressed worries about Bet-at-home\u2019s adherence to the 2005 Gambling Act, especially regarding social responsibility and money laundering prevention measures. <\/p>\n<p>Although the company initially suspended new sign-ups and betting operations, existing clients could still access accounts and retrieve funds.  <\/p>\n<p>Bet-at-home has now verified that they will not challenge the license annulment and are withdrawing from the UK market. The company\u2019s webpage notified users that placing wagers or making deposits is no longer possible. They urged users to extract any remaining funds by September 30, 2022. <\/p>\n<p>The online wagering platform experienced a challenging commencement to 2022, as their income was significantly reduced by over 50% during the initial quarter. Their betting activities generated a mere \u20ac14 million (equivalent to approximately $15 million), representing a substantial decline from the \u20ac30 million earned in the corresponding period of the preceding year. <\/p>\n<p>This underwhelming financial performance resulted in a considerable decrease in earnings.  Specifically, they declared a deficit of \u20ac2.7 million for the first quarter of 2022, a stark contrast to the \u20ac4.4 million profit they had achieved in the first quarter of 2021.<\/p>\n<p>The firm attributes this downturn primarily to regulatory obstacles encountered in Germany and the Netherlands. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A European wagering firm, Bet-at-home, has ceased its UK business. This action comes after the UK Gambling Commission revoked their permit in July 2022. The Gambling Commission expressed worries about Bet-at-home\u2019s adherence to the 2005 Gambling Act, especially regarding social responsibility and money laundering prevention measures. Although the company initially suspended new sign-ups and betting [&hellip;]<\/p>\n","protected":false},"author":69,"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: What Happened to the Betting Giant?<\/title>\n<meta name=\"description\" content=\"Bet-at-home leaves the UK market after having its license revoked. Discover the reasons behind the Gambling Commission\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/17\/bet-at-home-exits-uk-market-following-license-revocation\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bet-at-home Exits UK Market Following License Revocation\" \/>\n<meta property=\"og:description\" content=\"Bet-at-home leaves the UK market after having its license revoked. 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