Following regulatory concerns raised by the UK Gambling Commission, which has seen the Gambling Commission has instigate a review under s116 of the Gambling Act into FSB Technology (UK) Limited. FSB Technology have subsequently suspended all activities on their site Blackbet.
Blackbet which offers sports betting and an online casino platform, is licensed by the UKGC, but visitors to the site now see the following message: “For regulatory purposes, we have had to take the decision to suspend all gambling activities on this site for the foreseeable future.
We apologise for any inconvenience this may cause but want to assure you that: Any funds currently held in your account are safe and can be withdrawn via the ‘My Account/Withdrawals’ menu. If you have placed any unsettled bets, these will stand up until 23:59 on Tuesday, 27th August when any still unsettled will be made void.
If you have any questions or concerns regarding your account, please contact: firstname.lastname@example.org“
The suspension of all gaming activities on the site, will not stop the operator paying out any balances owed to customers.