SMARTLIVE SURRENDERS U.K. ONLINE GAMBLING LICENSE

SMARTLIVE SURRENDERS U.K. ONLINE GAMBLING LICENCE (Update)
 
Suspension and criticism of Betowen activity preceded surrender.
 
Smart Live Gaming, which suffered the indignity of a licence suspension by the UK Gambling Commission and criticism of the questionable conduct of its Betowen subsidiary last week has surrendered its Combined Remote Operating License and General Betting Operating License as well as the associated Gambling Software License, the Commission advised Friday.
 
The company was suspended pending a review into whether it was suitable to carry on licensed activities; no details were given, but there have been a number of player no and slow payment complaints in recent months.
 
The suspension was accompanied by a directive that the operator settle all outstanding bets on its seven operational websites, and this warning was repeated in Fridays announcement.