UKGC and GLA suspend operating license of MoPlay

25 Feb 2020

Both UK and Gibraltar gambling regulators decided to suspend the licenses of Addison Global Limited, the operating company of online bookmaker MoPlay, due to financial security issues.

More specifically, Gibraltar’s Gambling Licensing Authority (GLA) suspended first Addison Global’s operating license; following advice from Andrew Lyman, Gibraltar’s Gambling Commissioner, regarding the company’s lack of financial support necessary for meeting its licensing conditions.

Lyman had been working closely with the company’s executives on restructuring proposals that had been put forward by its shareholder, who had assured the Commissioner that his intention was to support the business and its further development.

Nevertheless, those proposals, along with the promised financial support by the shareholder, never materialized. Thus, the GLA was left with no choice but to suspend Addison Global’s license, in order to protect MoPlay’s members from any further detriment.

Following the example set by the GLA, the United Kingdom Gambling Commission (UKGC) also suspended the operating license of Addison Global. The UKGC stated that the parent company of MoPlay has breached a condition of its license, therefore it is deemed unsuitable to continue its licensed activities.

Despite the immediate effect of the suspension, as Addison Global is already prohibited from offering all gambling related activities through its MoPlay website across Britain; the company isn't blocked from returning any outstanding balances to players or settle any outstanding winning bets.

Nonetheless, MoPlay UK has confirmed that the firm is now bankrupt and that it has ceased processing player withdrawals due to financial difficulties.

10,000+ have already benefited from Bookmakers.bet

Register to our newsletter and be the first to get our exclusive bonuses and promotions. Fill in your name & email and stay tuned on the latest offers and the new bookmakers in your country.

I agree with the terms of use.

BOOK SPY

The South African National Gambling Board has issued a statement this week concerning the legality of online gambling. There have recently been some r...

Read more »

Betting operator 888sport announced that it has signed a sports betting partnership agreement with the National Football League (NFL) in the United Ki...

Read more »

British GVC Holdings PLC is launching an investment program to support grassroots sports in the UK. It will be helping the lower tiers of English foot...

Read more »

Dominic Beier has stepped down from his position as Interwetten Sports’ Speaker of the Board. The 29-year-old had joined the company in 2018, replacin...

Read more »

BGC, the UK’s Betting and Gaming Council, has announced the implementation of a new set of measures in order to prevent underage audiences from being ...

Read more »

Online sportsbook and casino operator Vbet will be sponsoring French Ligue 1 powerhouse AS Monaco. The deal includes seasons 2020-2021 (which just sta...

Read more »

UK-based bookmaker Betfred has announced the extension of its World Snooker Championship sponsorship until 2022. It is considered the biggest snooker ...

Read more »

European sports betting firm Melbet is expanding its presence in Africa by entering the Kenyan market. After already operating in Nigeria, Ghana and U...

Read more »

The UK Gambling Commission has lifted the ban on sports betting exchange Matchbook. The brand, running under operator Triplebet, had its UK pool betti...

Read more »

Ukraine’s president Volodymyr Zelensky has put pen to paper on bill 2285D, as expected since last month’s triumphant voting in its favor at the Verkho...

Read more »

Latest Betting Offers

18+ | T&Cs apply | begambleaware.org

Minimum deposit is 10 euros. Minimum odd to bet the bonus on is 1.50 or higher. Bonus must be wagered 10 times. T & C's apply. 

The generated voucher is only valid for people of legal age. The betting credit worth €5, €15 or €30 is awarded at random. The term "voucher" in the bonus provisions refers to both betting vouchers and free bet vouchers. In addition, 10 x € 3.000 will be raffled among all players who have redeemed their betting credit. The winners will be determined by drawing lots and notified by email on October 7th, 2020. The judges' decision is final. The prize money will be credited to your Interwetten account and is freely available.