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Author Topic: General Information: Bet-at-home license suspended  (Read 136 times)
Slow death
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July 10, 2022, 09:36:59 PM
 #21

let's be honest with all these accusations if implemented in crypto casinos, we wouldn't have any crypto casino working, I say this because let's look at crypto casinos, they only KYC in suspicious cases and about social responsibility, well there are few crypto casinos that are doing something like social responsibility, to be honest I don't know if supporting sport we could say it's social responsibility, but I read somewhere that some casino sent funds to help people from ukraine, maybe I'm confusing. but if there are any crypto casinos that do social responsibility then there are few crypto casinos that do that. and in my opinion casinos should not be forced to do social responsibility, this should be something that casinos do of their own free will

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July 10, 2022, 11:10:52 PM
 #22


Is this Bet-at-home is quite popular and mostly used in UK or nearby countries?

If yes, then their competitors might be happy with their suspension as their customers will now shift to other platform. But I think they will soon be back in business and now that's a work in progress. If that platform is operating for a long, why have just now the authorities found a breach of terms.

Good thing also that they are allowing withdrawals and pending bets will push through and if win, it will credit to their client's account.

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July 11, 2022, 06:23:37 AM
 #23

This seems to be a warning to all casinos licensed by the gambling authorities to pay attention to social responsibility issues and money laundering, as casinos can be a place where illegal activities thrive. Moreover, it is a lesson for all casinos who still want to continue their business to strictly follow the advice and rules of the gambling authorities or else their license will be revoked too.

For people with accounts at the casino, immediately secure your money there and move it to another safer place before you can't access the account and withdraw your money.
While majority of the casinos are operating in accordance with the laws from the gambling commission, few are still not abiding the law so they should be warn by this incident. Otherwise, they will be reported and then investigated later on, and worst suspend their license too and stop the operation once proven guilty. So this is a wake up call for every casinos that are taking advantage of their gambler's funds, and not be able to promote social responsibility. Casinos are expected to give advantages to the states, but if they still pursue their selfish desires, that way they will also be reprimanded and should be given proper sanctions.
That is the result that will be received by casinos that cannot comply with government regulations. Other casinos under government jurisdiction need to pay attention to this because if they don't, they will surely suffer the same fate as that casino. The license suspension was already the toughest result for the casinos as they had to stop operations and lose out on huge potential profits temporarily. If they only pursue profit without paying attention to social responsibility, it is only a matter of time until the government will punish them.

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