By Simon Wright Feb 22, 2022
The iGaming Operator Novibet who provide a host of on line gambling items to consist of sports betting, are living on line casino, poker area and on the net casino have unceremoniously still left the controlled Uk marketplace.
This information came to mild thanks to Casinomeister discussion board member ‘danofthewibble’, who informed the local community in this thread yesterday morning, that Novibet experienced closed their doors to Uk gamers.
Novibet who had been set up in 2010 and work out of the island of Malta where by they also keep a licence from the MGA, have been an accredited on the net on line casino operation right here on Casinomeister considering that 2018, thanks in a big section to their no nonsense rapid processing of withdrawals.
Upon visiting their web-site visitors from the United kingdom are now satisfied with a text box working throughout the leading of the web site stating: “We would like to tell you that Novibet will not to continue to operate in the United kingdom from 21.02.2022”
It is to some degree of a surprise move on Novibet’s aspect, with so it would seem no interaction at the time, by using the medium of electronic mail to their existing United kingdom player base, nor has there been any input from their rep on the discussion board.
Nevertheless, forum member and moderator ‘Dunover’ commenting on the discussion board thread concerning Novibet’s departure from the British isles, stated that affiliate marketers functioning with Novibet have been informed 3 – 4 weeks back of their conclusion.
In truth Dunover expands on his article by copying the e mail which he received from Novibet’s affiliate section, which reads: “Novibet announces the reassessment of its development targets, placing increased concentration οn the brand’s growth into the North and Central American controlled marketplaces, in the approaching period of time.”
“As a end result, Novibet has decided to surrender its Gambling Commission of Good Britain licence with instant effect, on February 21st, marking the conclusion of eight yrs proudly serving much more than 368,000 GB consumers.”
“Novibet is solvent, consumer resources are protected, and the cessation of GB business will be carried out in an orderly fashion. All departments at Novibet are prepared for the sleek withdrawal from the GB industry, and Novibet invitations its users to withdraw any funds in their consumer accounts.”
“Novibet has long concentrated on acquiring its possess proprietary tech assets, in its two tech hubs in Europe and will continue on to do so, with commitment in supplying progressive solutions.”
“Holding licenses in four regulated marketplaces – Greece, Malta, Italy, and Eire – Novibet continues to be committed to providing the most effective sports betting and gaming knowledge to its growing buyer foundation.”
“The brand is reallocating both of those new and present methods to strengthening its existence in current active marketplaces, whilst at the similar time pursuing progress alternatives in new types.”
As has been opined listed here on the Casinomeister News web pages in excess of the previous 18 months, more and additional operators will proceed to give up their ‘coveted’ United kingdom licenses issued by the UKGC, owing in component to the rising amount of penalty deals and regulatory action becoming taken towards an at any time rising selection of licensees.
Of system this is notwithstanding the more guidelines and laws continuously getting introduced, together with the removal of the autoplay facility from on line slot video games. As far back again as November 2019 we claimed on the prospect of a £2 most guess limit being introduced to all on the web slot machine online games, for all gamers who reside in the United kingdom.
With the Gambling Similar Damage All Parliamentary Group recommending these kinds of a evaluate getting place in place. The menace of these kinds of a go has not gone away and in March of previous yr a YouGov survey carried out on behalf of the trade physique the Betting and Gaming Council, discovered there was an opposition to these kinds of a bet dimension limit set in place.
The concern that now continues to be is, are Novibet going to be just one of the previous UKGC licensees to voluntarily hand their licence back and in carrying out so change their back again on their Uk buyers? Regrettably, I don’t assume so!