TLDR The UK Gambling Commission suspended the licences of BresBet and Bet St George on August 28 over suspected anti-money laundering and safer gambling failures. Both operators, linked to entrepreneur Nic Brereton, surrendered their licences on September 4 and shut down. Customers can still log in and withdraw their funds from both sites. The suspensions follow a £600,000 settlement with QuinnBet for similar compliance failures, including one customer placing thousands of bets in a single day. This summer also saw settlements with Betfred, Evolution and Stakelogic totaling millions of pounds in fines.
The UK Gambling Commission has suspended the licences of two betting operators, BresBet and Bet St George. The regulator made the move on August 28 after uncovering suspected failures in anti-money laundering checks and safer gambling controls.
Both companies are linked to entrepreneur Nic Brereton. BresBet was licensed in February 2025. Bet St George received its licence in December and launched in March this year.
At launch, Brereton said he wanted to apply data models from the medical sector to improve the betting experience for customers. That plan came to a halt just months later.
What Happened to the Licences
The Gambling Commission is now reviewing both operators under section 116 of the Gambling Act 2005. This section allows the regulator to investigate suspected breaches of licence conditions.
According to the Commission’s registry, both BresBet and Bet St George surrendered their gambling licences on September 4. The companies chose to shut down rather than continue operating under suspension.
The Commission has not published detailed findings. No breaches have been formally confirmed at this stage.
Customers of both sites can still access their accounts. Withdrawals are still being processed, and the sites have posted messages explaining the suspended status of their licences.
Legal experts say suspension