Bookmaker BresBet ceases trading after Gambling Commission had suspended licence

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Bookmaker BresBet has ceased operating after the Gambling Commission suspended its licence last week.

The bookmaker, which launched in 2021, had its licence suspended following a Commission investigation  which identified suspected social responsibility and anti-money laundering failings.

In a statement on its website, the Gambling Commission said a review was being undertaken under section 116 of the Gambling Act 2005 and that the suspension would remain in place until it was satisfied the business was compliant.

Since the suspension, BresBet, which was the leading sponsor at trainer Fergal O'Brien's Gloucestershire stable, had not been accepting bets.

BresBet emailed account holders at 5pm on Friday, September 4 to inform them that it would cease operating.

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