The UK Gambling Commission (UKGC) has suspended Targetlocal Ltd's remote gambling license due to concerns regarding its anti-money laundering practices. Despite the suspension, customers can still access their accounts and withdraw funds while the license review is conducted.
This suspension primarily affects Targetlocal's online gambling operations, which are conducted through kenhowells.com, including its sports betting services under Ken Howell's Sports Betting brand. Targetlocal holds a remote gaming license that permits various gambling activities, encompassing online casino games, sports betting, and virtual event wagering. The aforementioned license bears the number 000422-R-336567-002.
The UKGC's decision to suspend the license was prompted by findings from an inquiry into the company’s anti-money laundering protocols. This action is in accordance with Section 116 of the Gambling Act 2005, stating that the Commission will review the company’s license until the UK’s Ministry of Finance grants approval for it to resume legal operations.
Notably, while business operations are under suspension, the UKGC has mandated that Targetlocal must treat its customers fairly, including informing them of any potential risks. Customers wishing to reach out to Targetlocal can do so through the company's official website.
It is important to highlight that this suspension does not influence Targetlocal's general betting license, which remains intact.
