Stake Now Unlawful
Posted: Wed Feb 12, 2025 11:36 am
First big test for TFG is on the immediate horizon - Stake are getting shut down in GB 
https://www.gamblingcommission.gov.uk/n ... -gb-market
https://www.gamblingcommission.gov.uk/n ... -gb-market
Consumers are being advised that Stake.uk.com will no longer be a licensed website from next month.
TGP Europe Limited (TGP), who operate the site as part of a white-label arrangement, have stated they will be shutting the site.
The move follows the launch of a Commission investigation into a widely viewed video displaying the Stake-branded logo, which was distributed on a social media platform and featured an adult actress outside Nottingham Trent University.
TGP has previously been the subject of enforcement action and after a meeting with the Commission have stated they will immediately stop accepting new registrations to the Stake.uk.com platform and remove redirection links from the main Stake website. Final shutdown of the Great Britain site will take place by 11 March 2025.
Stake are currently front of shirt sponsor of English Premier League Football Club Everton.
The Commission will be writing to Everton – along with two other football clubs with unlicensed sponsors - warning of the risks of promoting unlawful gambling websites.
The Commission will seek assurance from the clubs that they have carried out due diligence on their white label partners and that consumers in Great Britain cannot transact with the unlicensed sites.