Yet another operator has decided to call it quits and leave the UK market and instead concentrate their activities on other territories, as the pressures of the regulatory environment for iGaming operators in the UK continues to outweigh the positives of operating in the country.
In an email communication sent from Beaffiliates, the affiliate marketing arm of the Betclic group, affiliate partners were informed that Betclic ( Everest ) Gibraltar Limited, holder of a UKGC licence, are suspending its activities in the British market as of 1st November 2019.
Furthermore affiliates were instructed to: “Remove any brand communication, banners, textlinks and similar, for all brands: Betclic, Expekt, Monte Carlo Casino, Everest Casino and Everest Poker. This decision had been taken on a group level and driven by the low financial performance of the company on this very competitive market.”
Citing clause 3.7.1 of their affiliate programme Terms and Conditions, the email also stated: “We will pay commissions on all Active Player activity, up to the point the player account is closed. Once the player account is closed, there will be no further activity and you will therefore not earn any further Commission Fees on these specific players(…).”
“The accounts closure will take effect on the 6th of December, so from this point onwards, you will no longer receive any commission on any Betclic, Expekt, Monte Carlo Casino, Everest Casino or Everest Poker players.”
The exit of the French online gambling operator from the UK, follows that of InterCasino and Vera and John, who earlier this year made the decision to give up their UK licence and exit the UK.
In the light of penalty packages being handed out by the UK, operators are obviously concerned that the risk of servicing UK players is not worth the potential risk of being subjected to financial penalties, being meted out by the UKGC.