Matchbook Gets UK License Reinstated

UK betting group Triplebet has had their UK license reinstated, allowing their Matchbook brand to begin accepting British customers once again.

The group's license was suspended in February related to violations of the 2005 Gambling Act, specifically Section 116. The failings of Triplebet were specifically related to anti-money laundering regulations, a major no-no for a regulator who actually holds operators accountable for their actions. The UKGC's decision effectively froze the brand's operations in the country, but it looks like Triplebet "implemented the remedial measures required" to come back into compliance.

In a statement to their customers Triplebet announced: "We're pleased to announce that our license suspension has been lifted and we are working hard to get the site back up and running as soon as possible. We can't wait to welcome you all back to Matchbook in the coming days."

It certainly appears that the company is ratcheting down their operations to make sure that they're in compliance moving forward. The UK is certainly a lucrative market, and Triplebet's bottom line is undoubtedly better with them able to provide their services there.