Key Moments:
- UK Gambling Commission suspended Deadheat Racing’s remote and non-remote betting licenses due to suspected social responsibility and anti-money laundering failures
- The company, licensed since January 2015, is now undergoing a comprehensive suitability review
- Recent enforcement actions include sizable fines for Videoslots and NetBet, and a licence suspension for Spribe OÜ
Regulator Takes Swift Action
The UK Gambling Commission has suspended the remote and non-remote betting licenses of Deadheat Racing with immediate effect. This development follows findings that raised concerns about the company’s compliance with licensing standards, particularly regarding social responsibility and potential anti-money laundering failings.
Implications for Customers
During the review, the Commission has instructed Deadheat Racing to ensure that customers are treated fairly and kept fully updated about any changes arising from the situation. The business, established with its licenses since January 2015, must now demonstrate its compliance with British law before any resumption of licensed services can be considered.
Leadership and Corporate Details
According to Companies House records, James Grassi and Antony Komui have served as directors since 2012. Christos Symeon, a previous director, stepped down in 2019.
Enforcement Trends in the Sector
The suspension forms part of a broader regulatory crackdown. In the same period, the Gambling Commission imposed a £650,000 penalty on Videoslots for AML and safer gambling violations, and ordered NetBet to pay £650,000 as well. October saw the suspension of Spribe OÜ’s software license due to what the Commission described as serious hosting non-compliance issues.
| Operator/Supplier | Enforcement Action | Reason | Date/Timeframe |
|---|---|---|---|
| Deadheat Racing | License Suspension | Suspected social responsibility and AML failures | Current |
| Videoslots | £650,000 Fine | AML and safer gambling breaches | Recent weeks |
| NetBet | £650,000 Fine | AML and safer gambling breaches | Earlier this month |
| Spribe OÜ | Software License Suspension | Serious hosting non-compliance | October |
Ongoing Review to Determine Future
The review into Deadheat Racing remains active. The company is required to prove that its internal controls, processes, and culture satisfy the standards expected by law. Until a verdict is reached, Deadheat Racing is not permitted to conduct licensed betting operations in Great Britain. This case highlights the continued commitment of the Gambling Commission to hold all regulated entities to strict compliance standards.
- Author
Daniel Williams
