The Bodugi online betting site is temporarily closed, after the British authorities suspended its license.
After several players complained about not being able to withdraw funds from their accounts on social online and mobile betting site Bodugi, the UK Gambling Commission has suspended the company’s operating license.
The measure comes after the regulator was informed on a number of issues and tried to get in contact with company representatives, in order to sort them out.
However, they did not respond or react in any way, which is why the gambling authority decided to apply British gambling laws defined in sections 116 and 118 of the Gambling Act 2005, and temporarily suspend the operator’s license. The UK Gambling Commission called this an “interim” and “precautionary” measure.
New license applications due soon
Business seemed to be going well for Bodugi last year, when the company announced it would offer new options for players to cash-out their bets early, through the Bodugi Buyback feature. At the moment, the website is unavailable and displays a message saying that the service is “down for maintenance”.
Meanwhile, all online betting operators are required to submit their new licensing applications. The British gambling authority has warned all companies that failure to send in the necessary papers could leave them without a license to operate in the country.
With important sports events scheduled for this year, missing out on bets from UK players would certainly mean painful losses for any bookmaker.