{"id":11940,"date":"2026-01-06T11:42:55","date_gmt":"2026-01-06T11:42:55","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=11940"},"modified":"2026-01-06T11:43:01","modified_gmt":"2026-01-06T11:43:01","slug":"gg-bet-shuts-down-operations-in-the-uk-ahead-of-april-tax-changes","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2026\/01\/06\/gg-bet-shuts-down-operations-in-the-uk-ahead-of-april-tax-changes\/","title":{"rendered":"GG.BET Shuts Down Operations in the UK Ahead of April Tax Changes"},"content":{"rendered":"\n<p><strong>GG.BET <\/strong>has become the latest bookmaker to opt out of the UK, and although its exact motive has not been revealed, the timing does stand out.<\/p>\n\n\n\n<p>A statement posted on the company\u2019s UK domain revealed that it is winding down operations under its <strong>UK Gambling Commission (UKGC) <\/strong>licence.<\/p>\n\n\n\n<p>GG.BET will complete its platform shutdown by 9 January 2026, and has not been accepting new registrations, deposits and bets on slots, live casino games and sports since 12 December 2025.<\/p>\n\n\n\n<p>\u201cWe are managing this process responsibly to ensure every customer can withdraw their funds and receive full support before the closure takes effect,\u201d the statement read.<\/p>\n\n\n\n<p>\u201cWe will process all pending withdrawals promptly, using the original payment method where possible,\u201d the statement continued. \u201cAll bets on events taking place before the closure date will be settled normally.<\/p>\n\n\n\n<p>\u201cAny unsettled bets on events scheduled after the closure date will be voided, with stakes automatically refunded to your account balance.\u201d<\/p>\n\n\n\n<p><strong>Is GG.BET leaving a sinking ship?<\/strong><\/p>\n\n\n\n<p>GG.BET UK was one of two domains and trading names of <strong>Rednines Gaming Ltd<\/strong>, the other being <strong>DR Bet.<\/strong> The firm held casino and general betting licences between 8 April 2020 and 13 December 2025.<\/p>\n\n\n\n<p>The global GG.BET brand is headquartered in Kyiv, Ukraine, and is active across various markets with a core product focusing on esports betting \u2013 though its interests in sports betting has also led to sports-based partnerships with the likes of Ukrainian heavyweight boxing world champion <strong>Oleksandr Usyk.<\/strong><\/p>\n\n\n\n<p>The firm\u2019s withdrawal from the UK comes ahead of a new tax regime coming into effect in April, with the Remote Gaming Duty (RGD) on online betting going up from 21% to 40%. The industry experts believe the financial impact of this to be hefty, wiping out much of the competition.<\/p>\n\n\n\n<p>GG.BET\u2019s withdrawal this month may be a sign of an early casualty from the tax fallout before the new rate is even introduced \u2013 following this introduction, more can be expected to follow as the burden hits operators both large and small, though some like <strong>Entain<\/strong> believe they may be able to gain market share as mid-sized operators call it quits.<\/p>\n\n\n\n<p>Don\u2019t forget to subscribe to our <a href=\"https:\/\/t.me\/sbceurasia\">Telegram channel!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GG.BET has become the latest bookmaker to opt out of the UK, and although its exact motive has not been revealed, the timing does stand out. A statement posted on the company\u2019s UK domain revealed that it is winding down operations under its UK Gambling Commission (UKGC) licence. GG.BET will complete its platform shutdown by [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":11941,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[4,1218,1],"tags":[15203,324,148,46,1216,14708,13094,3605,15202,62,10325,398,208],"class_list":["post-11940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-betting","category-bookmaker","category-news","tag-dr-bet","tag-entain","tag-esports","tag-gambling","tag-gg-bet","tag-market-exit","tag-oleksandr-usyk","tag-online-gaming","tag-rednines-gaming-ltd","tag-sports-betting","tag-tax-reform","tag-uk","tag-ukgc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GG.BET Shuts Down Operations in the UK Ahead of April Tax Changes - SBC EURASIA EN<\/title>\n<meta name=\"description\" content=\"GG.BET has become the latest bookmaker to opt out of the UK, and although its exact motive has not been revealed, the timing does stand out.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2026\/01\/06\/gg-bet-shuts-down-operations-in-the-uk-ahead-of-april-tax-changes\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GG.BET Shuts Down Operations in the UK Ahead of April Tax Changes - 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