SUSPENDED: Matchbook Return?
Yesterday we all learned Matchbook’s Betting Exchange was suspended for UK customers by the UK Gambling Commission.
But will they recover from this? and are your funds safe?
The latest information:
It doesn’t look particularly promising if you’re a Matchbook Exchange user in the UK.
Are Matchbook Funds Safe?
The number one question following this news has to be:
“Is my Matchbook balance safe?”
Looking at Matchbooks terms and conditions, it would appear a little confusing:
Customer funds are held separately, although not protected in the event of insolvency.
This means the official protection level is: Not Protected.
Will Matchbook Return?
Next, presuming your funds are safe. When are Matchbook likely to return?
We don’t know. The Cheltenham Festival is just around the corner and it would have been a key event for the betting company, so time is short. Based upon user comments on twitter, it’s expected that Matchbook will be offline for at least a few weeks.
Subscribe to YouTube for more information as it comes to light…