The UK Gambling Commission has suspended the operating licences of BresBet Ltd and Bet St George Ltd with immediate effect after enquiries identified suspected failures involving social responsibility and anti-money laundering requirements.
The suspensions took effect on August 28 and will remain in place until the regulator is satisfied that the two businesses are compliant with their licensing obligations. Suspension does not constitute a final finding of wrongdoing, with the Commission’s reviews set to determine whether the operators can demonstrate compliance and retain their licences.
Both companies are based at the same Hawley Street address in Sheffield, while Companies House records identify Nicholas James Brereton as a director of both businesses.
BresBet Ltd, which operates bresbet.com, holds operating licence no. 065252-R-340096-002. The company was formed in Sheffield in March 2021 and received its remote operating permissions in February 2025.
Its UKGC permissions covered remote bingo, casino gaming, real-event betting and virtual-event betting. The company offered sports and racing wagers, including in-play betting, as well as virtual events, casino games and live dealer tables. Its licences are now recorded as suspended on the Commission’s public register.
Bet St George Ltd, which runs betstgeorge.com under operating licence no. 067818-R-341699-001, was incorporated in Sheffield in June 2025. Its four remote permissions began in December 2025, before the gambling website publicly launched in March 2026.
The operator offered sports and racing betting, virtual events, casino games, live casino content and bingo through a single customer account.
Important update
BresBet is currently temporarily unavailable following the suspension of its operating licence by the Gambling Commission.
We are currently working through the matter and will provide further updates when appropriate.
Please note that BresBet is not currently…
— BresBet (@BresBet) August 28, 2026
The Commission has opened reviews into both licences under section 116 of the Gambling Act 2005. The provision allows the regulator to review a licence where it suspects that a holder may be unsuitable to retain it or may not be complying with regulatory requirements.
The regulator did not disclose the conduct that prompted its enquiries or provide further details about the potential breaches. It said the reviews had identified “suspected social responsibility and anti-money laundering failings”.
Customers will continue to be able to access their accounts and withdraw funds while the suspensions remain in force. The Commission has told both operators that they are expected to treat consumers fairly and keep them fully informed of any developments affecting them during the suspension period. Both businesses can also be contacted through their respective websites.
Neither company publicly reports gambling revenue. BresBet’s latest accounts, covering the year to March 2025, show an average workforce of 14 employees and £3.5 million ($4.74 million) owed to creditors within one year. Bet St George has not yet filed accounts.
The action follows several other UKGC enforcement cases in recent months. QuinnBet (Gibraltar) Ltd accepted a £609,104 ($824,163.4) penalty on August 20 after the regulator identified shortcomings in its anti-money laundering controls and customer protection measures.
Holland Park Leisure Ltd was fined £150,000 ($202,961.25) two days earlier after the Commission found that the adult gaming center operator had failed to comply with a self-exclusion requirement.