Legislation
UK – Gambling Commission suspends licence of PlayerFT
By Phil - 6 July 2021
The British Gambling Commission has suspended the operating licence of fantasy football operator PlayerFT Limited as it investigates how it failed to connect to the Gamstop self-exclusion system.
PlayerFT runs the virtual football transfer service Fiveyards.
The Gambling Commission said: “The review follows concerns that activities may have been carried out in breach of the conditions of their licence, that PlayerFT Limited may be unsuitable to carry on the licensed activities, and that a licensed activity is being carried on in a manner which is inconsistent with the licensing objectives. Pursuant to section 118(2) of the Act, the Commission has also determined to suspend the above operating licence as a direct result of PlayerFT failing to integrate with the national multi-operator self-exclusion scheme, GAMSTOP. We have made it clear to the operator that during the course of the suspension, we expect it to focus on treating consumers fairly and keeping them fully informed of any developments which impact them.”
The suspension does not prevent the operator from allowing consumers to access their accounts and withdrawing funds.
