Read further on and find out why Stake.com loses UKGC license.
On a blockbuster announcement, the United Kingdom Gambling Commission has issued a statement in which consumers are being advised that Stake.com will lose its license to operate. That will happen within the UK as of March 11th, 2025. One of the world’s leading online casino platforms has found itself in the middle of a pornographic scandal. It is involving adult entertainment star Bonnie Blue, a Stake.com branded t-shirt and Nottingham Trent University.
Image source: Sky.com
Stake.com loses UKGC license: What was the reason?
TGP Europe Limited (TGP), the operator behind the site’s whole-label arrangement has also confirmed it will be shutting down Stake.uk.com. As of today, registration for all UK residents is no longer possible on the website.
Image source: Stake.uk.com
Stake.com, a front-of-shirt sponsor to Everton Football Club now faces an even bigger blow. That one is related to their marketing efforts. The UKGC has announced their intent to speak with the club, alongside two other Premier League clubs, warning of the risks of promoting unlawful gambling websites. The commission will seek assurance from the clubs that they have carried out due diligence on their white label partners. The reason is that Great Britain cannot transact with the unlicensed sites.
Whatismore, according to the UKGC, club officials are likely to be held liable to prosecution. If convicted they will face a fine, imprisonment or even both. This will happen in case if they are found guilty of promoting unlicensed gambling businesses to consumers in Great Britain.
According to the BBC, all Premier League clubs have already agreed to terminate all gambling companies as main shirt sponsors from the end of the 2025-26 season. Stay tuned.
As Stake.com now prepares to leave the UK market, this will most likely open a gap to fill for any legal operators within the UK. As always, we at CasinoDotReview try to bring you the best advice and guidance when it comes to online casinos. We have done our research, so you don’t have to. We would strongly recommend visiting Mr.Play casino, an MGA and UKGC licensed brand which will most likely be a suitable replacement.
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