Reference
39544
Licensee name
Petfre (Gibraltar) Limited
Principal address
5.2 Waterport Place
2 Europort Avenue
Gibraltar
GX11 1AA
Licensed activities
Active  help

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Where a licence is shown as active, this indicates that the licensee holds a licence that they are able to operate under.

Remote
Bingo  help

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This licence entitles you to provide facilities for the playing of bingo by remote communication (for example by internet or mobile phone). Find out more about licences for remote gambling.

Casino  help

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This licence entitles you to provide facilities for the playing of casino games and/or participation in other virtual gaming by remote communication (for example roulette, blackjack, poker, reel games). Find out more about licences for remote gambling.

General Betting Standard - Real Event  help

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This licence entitles you to provide facilities for betting on the outcome of real events (whether or not you also provide betting on virtual events) by means of remote communication. Find out more about types of betting licence.

General betting (standard) (virtual events)  help

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This licence entitles you to provide facilities for betting only on virtual events, races or processes by means of remote communication (for example betting on the outcome of a virtual greyhound race, virtual horse race, a virtual football game or virtual penalty shoot-out). Find out more about types of betting licence.

Pool betting  help

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This licence entitles you to provide facilities for pool betting by remote communication. Find out more about types of betting licence.


Sanctions
No sanctions recorded
Other action
Other action date
14 June 2016

The Commission began an investigation into Petfre (Gibraltar) Ltd, trading as Betfred, as it had concerns related to a number of weaknesses identified in the anti-money laundering and social responsibility controls. A review of Betfred’s licence was commenced on 11 March 2016, with a view to exercising our formal regulatory powers in order to achieve a prompt and appropriate regulatory outcome in relation to the failures which had been identified.
The Commission has accepted a proposal for settlement from Betfred and concluded the licence review accordingly. The proposal consists of the following elements:

  • Betfred agrees to make payment of £787,500, with £443,000 to be paid to the victims of criminal activities and the remainder, which constitutes a sum in lieu of a financial penalty that might otherwise have been imposed by the Commission, to be spent on socially responsible causes as agreed with the Commission
  • Betfred will pay the Commission's costs of the investigation, amounting to £30,240
  • Betfred will arrange for an independent third party review and audit of its anti-money laundering and social responsibility policies and procedures to include customer due diligence, enhanced due diligence and on-going monitoring practices
  • Betfred will review and update its anti-money laundering and social responsibility policies and procedures to reflect the findings of the Commission and will incorporate into them any further recommendations made by the independent third party following its review and audit
  • Betfred agrees to the Commission making this public statement reflecting the findings and outcomes of the investigation in order to draw the issues to the attention of the wider industry and provide an opportunity for others to improve.

For more information, please see our public statement which can be found on the Gambling Commission's website .

Domain names
These names are provided by the licensee
Active  help

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A status of active means that the domain name is currently active and in use.

betfred.com
betfred.mobi
www.oddsking.com

Inactive  help

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A status of inactive means that the operator is no longer using this domain name

www.casino-kerching.co.uk
www.casino-kerching.com
www.casinokerching.co.uk
www.casinokerching.com
www.kerching-casino-co.uk
www.kerching-casino.com
www.kerching.co.uk
www.kerching.com
www.kerching.eu
www.kerching.mobi
www.kerchingbingo.co.uk
www.kerchingbingo.com
www.kerchingcasino.co.uk
www.kerchingcasino.com
www.kerchingmobile.co.uk
www.kerchingmobile.com
www.kerchingpoker.co.uk
www.kerchingpoker.com
www.playkerching.co.uk
www.playkerching.com

White label  help

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A status of whitelabel means that this is a site for whom the operator provides white label services (i.e. the operator hosts the site for another company)

totepool.com
totesport.com
totesport.mobi

Trading names
These names are provided by the licensee
Active  help

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A status of active means that the operator is currently using this trading name.

Oddsking

Search help

If your search does not return results try using just a single word to search (for example instead of ‘Acorn and Horsetree Betting’ just search for ‘Acorn’).

Avoid words that could apply to lots of operators. For example limited, bookmakers, London or casino.

Searching with a licence number

If you have a licence number from an operator and want to locate the public register record you will need to do the following.

A licence number is usually in the following format 000-012345-N-987654-001. You need to search for the numbers in the first block of 6 digits, removing any leading zeros where they exist. So in this example search for the reference 12345

Also see:

How to complain to a gambling business

Key facts about the gambling industry

Regulatory action