Gaming

UKGC Confiscates License of EveryMatrix, the Gambling Giant

The Gambling Commission of United Kingdom, UKGC suspended the EveryMatrix’s license. Everymatrix is a supplier of services for gambling-platform to over 36 clients, mostly from around the United Kingdom.

Hence a line of such companies has been suspended from doing any online operations that servicemen from the UK till the situation gets properly scrutinized.

EveryMatrix, in response to the statement, said that it sees this suspension as a means to consolidate its compliance and other executive processes. It said that it’s taking the concerns of the authorities seriously and will take apt actions to unmake the decision.

EveryMatrix gave its complete cooperation with the decision throughout the event and is wishing that it will resume its operations soon. It also said that the decision came out of an evaluation of the supplier and not on the basis of the complaints from the players.

Moreover, the suspension in no way is linked to the failure of the software technical audit, and so, the license for B2B in still remains intact. The company is consistently servicing gambling software needs of UK operators. But there still is no specific time to when the company’s white-label partners are able to start its normal business chores. 

UKGC also have some information regarding the suspension of EveryMatrix. It spoke that the current situation is “compliance activity which included examining [EveryMatrix’s] customer interaction framework.” When comprehending it, EveryMatrix has been seen to offer mediocre services on Gambling in critical areas. This is of extreme worry for the Gambling Commission, and they are possibly including ways to address this issue for the gamblers. The event execution took no time speaks of obligation of EveryMatrix to the responsibility to offer such services through the working of the white-label portal.

The Commission has determined to suspend the above operating licence insofar as it pertains to the operator’s ability to offer remote facilities for real event betting other than pool betting or betting on virtual events, and to operate a remote casino,

the UKGC stated.

Although, the Commission said that other business of “manufacturing, supplying, installing or adapting gambling software” of EveryMatrix’s could be carried out smoothly.

Sites that are to be severely impacted by the suspension and have boiled down their operations offline due to the implementation of the act included PWR.bet, Fantasino, PlayFrank, Bookee, SportingIndex.com, WestCasino.com, Jetbull, Dragonara Online & MrWin.com.

Also, the first to have experienced the service interruption was PWR.bet and thereafter sending a short notice to its players and clients that:

Please be informed that the UK license of EveryMatrix Ltd., PWR.bet’s service operator, has been suspended due to issues with handling possible addictive players. Due to this, PWR.bet’s services will be unavailable to UK players in the short term.

John Scott

John Scott joined the Times of Casino’s team as a news writer. He previously worked with foremost publications as an intern. He holds bachelor of journalism degree and more than three years of experience of writing. In his free time, he enjoys travelling different places.

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