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ComeOn to Shut Down its Operations in the UK

Published

6 years ago

September 3, 2019

Niji Narayan

ComeOn to Shut Down its Operations in the UK

Reading Time: < 1 minute

iGaming operator ComeOn is going to shut down its operations in the UK. ComeOn has been operating in the UK since 2014, using its Gambling Commission licence to offer brands such as ComeOn.com, MobileBet.com and GetLucky.com.

All of these brands are to be shut down as the operator switches its attention to other markets, including Sweden, Denmark, Malta, Poland and Schleswig-Holstein in Germany, where it holds licences.

“UK is a very mature and highly competitive market and the financial risks are big. We have never had a non-compliance breach, but we’ve seen competitors being fined big numbers and that creates uncertainty. At the same time the UK licence has lost it’s symbolic value. Before you almost had to have one to be looked upon as a credible company. Today we hold licences in many European countries and given that the UK has never been a big market for us, it’s a wise move to put our focus elsewhere,” Lahcene Merzoug, chief executive of ComeOn said.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.