BresBet and Bet St George Leave UK Market After Regulatory Suspensions

Sep 8, 2026 2 min read John K Updated Sep 8, 2026
BresBet and Bet St George Leave UK Market After Regulatory Suspensions

BresBet and Bet St George have surrendered their UK gambling licences, bringing their operations in Great Britain to an end less than a week after both businesses were suspended by the Gambling Commission.

The regulator confirmed that the two companies surrendered their operating licences on 4 September 2026. Their suspensions had taken effect on 28 August after Gambling Commission enquiries identified suspected failures involving social responsibility requirements and anti-money laundering controls.

Before the surrender, both licences were being reviewed under Section 116 of the Gambling Act 2005. The Commission had said the suspensions would remain in force until it was satisfied that the operators were compliant.

The regulator has reminded both companies that they must have appropriate arrangements in place to ensure customers are not unnecessarily disadvantaged during the closure process. When the licences were initially suspended, customers were still permitted to access their accounts and withdraw available funds.

Bet St George had only recently established itself in the British market. The company secured its remote licences in December 2025 and launched its UK-facing operation in March 2026, promoting the brand around events including the Cheltenham Festival. Its Gambling Commission registration covered remote casino, bingo, real-event betting and virtual-event betting, with all four permissions recorded as surrendered on 4 September.

Customers with remaining Bet St George balances have been asked to contact the operator before the end of September as the company winds down its business.

BresBet had operated for longer, initially through white-label arrangements before obtaining its own Gambling Commission licence in February 2025. The regulator’s public register shows that its remote casino, bingo, real-event betting and virtual betting permissions were also surrendered on 4 September 2026.

The two businesses are connected through Nic Brereton, who founded BresBet and served as Chair of Bet St George. SBC News reported that the surrender of the operating licences does not automatically prevent the Gambling Commission from pursuing further regulatory action connected with its investigation.

The closures remove two relatively small operators from an increasingly competitive British gambling market while also underlining the Commission’s continuing focus on anti-money laundering controls and protections for customers considered at risk of gambling-related harm.