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’s UK domain revealed that it is winding down operations under its UK Gambling Commission (UKGC) licence.

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.

“We are managing this process responsibly to ensure every customer can withdraw their funds and receive full support before the closure takes effect,” the statement read.

“We will process all pending withdrawals promptly, using the original payment method where possible,” the statement continued. “All bets on events taking place before the closure date will be settled normally.

“Any unsettled bets on events scheduled after the closure date will be voided, with stakes automatically refunded to your account balance.”

Is GG.BET leaving a sinking ship?

GG.BET UK was one of two domains and trading names of Rednines Gaming Ltd, the other being DR Bet. The firm held casino and general betting licences between 8 April 2020 and 13 December 2025.

The global GG.BET brand is headquartered in Kyiv, Ukraine, and is active across various markets with a core product focusing on esports betting – though its interests in sports betting has also led to sports-based partnerships with the likes of Ukrainian heavyweight boxing world champion Oleksandr Usyk.

The firm’s 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.

GG.BET’s withdrawal this month may be a sign of an early casualty from the tax fallout before the new rate is even introduced – following this introduction, more can be expected to follow as the burden hits operators both large and small, though some like Entain believe they may be able to gain market share as mid-sized operators call it quits.