Stakers surrenders GB licence as appeal against suspension dismissed
13th May 2021
| By Conor Mulheir
Online operator Stakers has surrendered its Great Britain operating licence and ceased its operations in the jurisdiction after an appeal against the suspension of its licence was dismissed by a First Tier Tribunal last month.
The GB Gambling Commission opened a review of the business in March 2020 under section 116 of the Gambling Act 2005, which sets out that the Commission can review any licensee if it meets certain criteria.
The operator’s licence was suspended while the review was carried out due to a number of unspecified compliance failings.