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Operation in the UK Comes to an End for Novibet
February 25, 2022 Marija D
Novibet has decided to step out of the British market. Namely, it handed over its work license and decided to retire from this country.
The supplier has renounced its remote gambling license, and the brand has announced that it will no longer operate in the UK as of February 21st.
The recent announcement came in the form of a banner on the brand’s website, Novibet.co.uk. In addition to informing its customers that the company will no longer operate in this market, players were also informed to withdraw their funds from their s.
The company cited “commercial reasons” as the reason for withdrawing from this popular market.
UKGC Confirmed
The well-known organization The UK Gambling Commission has confirmed this announcement. However, the UKGC also stated that Novibet must adhere to standard exit procedures.
“We have been informed by Novigroup Ltd that it is surrendering its license. The operator is aware that we expect an orderly closure of its website to GB consumers and this includes providing consumers with clear information on how to obtain their funds,” said a spokesperson from the Commission.
“If a customer has questions regarding their they should the operator via its website.”
According to the standard procedures of this organization, a casino that wants to leave the market must clearly inform its customers in all possible ways, including direct , social networks, and the like.
Also, the brand must settle all remaining payment obligations.
Source:
“Novibet Surrenders UK License and Exits Market’’, europeangaming.eu, February 23, 2022.
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While there are certainly good reasons for this move, we are very sorry to hear this news. Novibet is a popular operator that is highly regarded among punters. We can only hope that circumstances will change in the future