Industry News
BetBright closes UK operations

BetBright has closed its operations in the UK by selling its entire technology stack and assets to 888 Holdings for €15 million. The UK Gambling Commission (UKGC) approved the move and termed it as the right step as there was a strong chance of going into insolvent liquidation if the company remained operational.
BetBright will refund all pending payments and winnings in 30 days’ time.
The gambling commission confirmed that it had been overseeing the company and that there was a “very real possibility of going into insolvent liquidation if it remained open,” resulting in customers receiving no winnings and no refunds on stakes which had been placed.
“This was a significant risk for BetBright’s customers and therefore we are content that the return of stakes, as part of an orderly closure of the business, is the best option available for the vast majority of customers in what is an unusual and difficult situation,” explained the UKGC.
-
Eastern Europe7 days ago
Totogaming Joins Cernica Pantelimon RunFest: Not Just Present, But Fully Participating
-
Latest News7 days ago
Atlaslive Reflects on iGB L!VE 2025: Conversations That Shape the Future of iGaming
-
Africa6 days ago
NOVOMATIC Africa Launches Local Assembly for Panther LPMs, Driving Innovation and Growth
-
Gambling in the USA6 days ago
Gaming Americas Weekly Roundup – June 30-July 6
-
Compliance Updates6 days ago
AI in Action: Transforming Player Engagement and Compliance in iGaming
-
eSports6 days ago
Esports World Cup Foundation Renews Partnership with Albaik
-
Latest News6 days ago
Nolimit City braces for another invasion in Brute Force: Alien Onslaught
-
Latest News6 days ago
TaDa Gaming Releases Golden Bank 2