Gambling Commission suspends Deadheat Racing licences

Great Britain’s Gambling Commission has suspended the licences of Deadheat Racing while it carries out a review of the operator in response to suspected social responsibility and anti-money laundering failures.

The suspension is effective immediately and covers the operator’s remote and non-remote betting licences. London-headquartered Deadheat has held both licences since January 2015.

The regulator noted the suspected failures were “key considerations” in its decision to suspend these licences.

“The review and consequent suspension follow concerns that activities have been carried out in a manner which is inconsistent with the licensing objectives, not in accordance with conditions of their licence and that the licensee may be unsuitable to carry on the licensed activities,” the commission said.

“We have made it clear to the operator that during the suspension, we expect it to focus on treating consumers fairly and keeping them fully informed of any developments which impact them.”

James Grassi and Antony Komui are listed as company directors on Companies House, and both have been in their roles since April 2012. Christos Symeon also started out as a director at the same time but resigned in August 2019.

Gambling Commission continues clampdown on rule-breakers

Deadheat is the latest operator to have been targeted by the commission. The regulator has made a series of announcements regarding suspension and fines in recent weeks.

Days ago, Videoslots was fined £650,000 for breaching several regulations AML and social responsibility. NetBet was also ordered to pay £650,000 earlier in November, again due to AML and social responsibility failings

Elsewhere, the commission suspended Spribe OÜ’s software licence in October for failing to comply with hosting requirements. The commission said this was due to “serious” non-compliance. At the time the supplier said it was applying for the relevant hosting licence immediately and expected to be back up and running within a few weeks.