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Segregation Of Funds

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  1. Our Licence from the Gambling Commission of Great Britain requires that we inform customers about what happens to funds which we hold on account for you in the event of insolvency. Under the current Gambling Commission’s insolvency rating system, your funds are not protected. Further information can be obtained by visiting: https://www.gamblingcommission.gov.uk/public-and-players/guide/page/information-on-customer-funds-your-money. Customer funds are kept in accounts separate from company accounts, but they would form part of the assets of the business in the event of insolvency. This meets the Gambling Commissions requirements for the segregation of customer funds with a rating of: Not Protected.
  2. Customer funds means the aggregate value of funds held to the credit of customers including, without limitation:
    • Cleared funds deposited with the licensee by customers to provide stakes in, or to meet participation fees in respect of, future gambling.
    • Winnings or prizes which the customer has chosen to leave on deposit with the licensee or for which the licensee has yet to account to the customer.
    • Any crystallised but unpaid loyalty or other bonuses, in each case irrespective of whether the licensee is a party to the gambling contract.