The United Kingdom Gambling Commission has forced the online betting exchange Matchbook to freeze its UK betting and casino activity; after temporarily suspending the license of its operating company, Triplebet Limited, as of February 17, 2020.
Matchbook assured all its existing British members that during the suspension period they will be able to retain access to their accounts in order to withdraw funds and that it will continue on settling all existing positions on open bets.
For the time being, the UKGC hasn’t issued an official statement regarding the reason behind Matchbook’s temporary license suspension. Nevertheless, the betting exchange announced that it has been in contact with the Gambling Commission regarding several compliance conditions that is willing to follow.
Furthermore, Matchbook promised that it will be back in the UK market sooner rather than later and that it is committed to keep on providing players with a betting exchange characterized by very high standards.
Why choose Matchbook
- Huge odds
- Low commision rates
- Crazy limits on prematch bets
- Known for the wide range at US Sports markets
- Wide range of sports
- Lots of educating special features
- Excellent customer support
- Mobile applications
- New website design and great functionality
At first Matchbook was introduced as a betting exchange for American punters. The turning point came in 2012, when they begun their effort of becoming a global brand, with fresh faces in charge and the company’s relocation in Europe. Betting exchange is not available in many countries, but wherever they operate they have proven to be really competitive. Their main advantages are their low commission (up to 1%) and their huge range of bets, which do not only cover sports events. An introduction of the live streaming service could boost their popularity in the live betting section, which is the main source of turnover of every major betting exchange.