GGBet Exits the UK Market Amid Rising Tax Pressure

^{Pictured: Dmytro Voshkaryn, CEO of GGBet}

Online betting and casino operator GGBet has announced a phased withdrawal from the UK market and preparations to shut down the GGBet.co.uk platform.

In a statement published on the company’s website, GGBet said it is winding down operations under its licence issued by the UK Gambling Commission. The operator stressed that the process will be carried out responsibly to ensure that all customers are able to withdraw their funds and receive the necessary support.

New user registrations, account deposits, sports betting and casino operations have already been suspended. Existing customers, however, can still log in to their accounts and withdraw remaining balances until 9 January 2026.

The GG.Bet brand had been present on the UK market for around two and a half years. In July 2023, UKGC-licensed operator Rednines Gaming Ltd acquired the rights to the GG.Bet brand and migrated customers from the previously operating Dr.Bet platform to a new site tailored to UK regulatory requirements.

Overall, Rednines Gaming carried out licensed operations in the UK for more than five years—from 2020 until the voluntary surrender of its licences in December 2025.

Gambling Park notes that the decision to exit the market comes against the backdrop of an expected tightening of the tax burden on the UK’s online gambling sector.

From April 2026, the tax rate on online casino operations is set to rise to 40%, with changes to the taxation of sports betting also planned at a later stage. Industry participants have previously warned that these measures could accelerate market consolidation and prompt some operators to leave the UK market.