Adam Wilson, co-founder of the Swipe-to-Bet mobile app Bookee, said his company is in a good state and will be back on company once a fresh service supplier has been found.
Bookee was compelled to cease activities in the United Kingdom regarding the choice of its internet provider EveryMatrix whose B2C licenses for distant betting and casino facilities was terminated.
The UK Gambling Commission (UKGC) has demanded that EveryMatrix cancel its white-label facilities and undertake a regulatory evaluation of its’ client communication frameworks’ in line with chapter 18.2 of the Gambling Act 2005.
This Wednesday, Bookee informed its clients that it had been compelled to cease activities in the United Kingdom owing to the termination of B2C by EveryMatrix.
The sudden completion would see Adam Wilson post an open statement on LinkedIn underlining Bookee’s demonstrated qualifications in the online betting industry.
“This note is not to drum up sympathy, but rather to raise awareness that white label agreements come with a certain amount of freedom whilst also providing a distinct lack of control,” he wrote.
“We built a brand from scratch on a shoestring budget and went from taking micro stakes to over £20m in bets staked over a 3 year period. In that time we won 3 awards, saw 100s of thousands of bets placed, and over 15million bet cards were swiped!”
Launched in November 2016, Bookee’s goal is to unpack grouped wagering economies through streamlined client commitments and bet-type referrals supplied through its mobile app.
Despite the setback, Wilson says, “Bookee will be back, perhaps in a different guise, but it will be back!” Concluding his open letter on a favourable basis, Bookee’s Co-founder revealed that a fresh item will be launched in the coming months, saying,” It’s great. We can’t wait to share it with the world.”