safecasinos.co.uk
An accounts ledger open under a lamp, ruled into columns, a red pen resting across it.

Operator record

Spreadex Limited: UKGC licence & enforcement record

Holds 2 active British operating licences, the earliest running since 2009. 1 regulatory action published since September 2023, totalling £2,022,000.

Safety record

51/100

Safety Record

Enforcement burden
6.1 of 55
Licence tenure
20 of 20
Licence standing
25 of 25

Scored on the register alone. Safer gambling tool coverage and RTP disclosure are only counted for operators we have tested directly, and this one has not been tested yet, so those weights are excluded rather than guessed. How the score works

The enforcement component carries the most weight and it is what moves this figure: £2,022,000 in penalties across 1 decision published since September 2023, weighted towards the most recent. A British licence held for 18 years takes licence tenure to full marks. No licence has been revoked, so licence standing is unaffected.

What the Gambling Commission has published about Spreadex Limited

Each entry below is a published decision, reproduced from the Commission's register of regulatory actions as read on 11 August 2026. Wording is the Commission's, not ours.

This is not the company's full enforcement history. The Commission withdraws a decision from the register three years after it is published, so what appears here — and every total on this page — covers decisions from September 2023 onwards. Penalties issued before then, including some of the largest in the Commission's history, are no longer on the register and are not counted. How this window affects the score.

7 May 2025

Sanction: £2,022,000

Conditions attached to the licence, Financial penalty, Conditions attached to the licence and Financial penalty

  • LC 12.1.1Anti-money-laundering controls

Following a review of the operating licence of Spreadex Limited (the Licensee), the Commission found that between September 2022 and November 2023 the Licensee: Breached paragraphs 1, 2 and 3 of Licence condition 12.1.1: Anti-money laundering - Prevention of money laundering and terrorist financing. Failed to comply with paragraph 9c of Social Responsibility Code Provision (“SRCP”) 3.4.3: Customer Interaction. Failed to comply with a specific condition attached to its operating licence Failed to sufficiently consider ordinary code provision (“OCP”) 2.1.1 Anti-money laundering - casino*. In line with the Commission’s Licensing, compliance and enforcement policy statement, the Indicative sanctions guidance, and the Statement of principles for determining financial penalties, the Commission has decided to: impose a warning under section 117 (1)(a) of the Gambling Act 2005 (the Act); impose a financial penalty of £2,022,000; and, attach an additional condition to the Licensee’s operating licence under section 117(1)(b) of the Act. The Licensee co-operated with the Commission throughout the investigation. * An OCP sets out good practice. Operators may adopt alternative approaches to those set out in ordinary code provisions if they have fully considered the risk and recorded its reasoning

Source: Gambling Commission register of regulatory actions, account 8835, read 11 August 2026. Request a correction

Brands run by Spreadex Limited

These 7 names all trade on the same licences, which means the same deposit limits, the same account checks and the same record behind each of them.

  • betspreadex
  • spreadex bet
  • spreadex limited
  • spreadex sports
  • spreadex sports bet
  • spreadex sportsbet
  • spreadexbet

Websites covered by this licence

WebsiteRegister status
spreadex.comActive

Licences on record

The permissions held by Spreadex Limited cover 2 regulated activities: General Betting Standard - Real Event, General Betting Standard - Virtual Event. All of its licences are remote or ancillary remote, so its permissions are for online play rather than premises.

LicenceActivityTypeStatusStarted
008835-R-104580-021 General Betting Standard - Real Event Remote Active 1 January 2009
008835-R-104580-021 General Betting Standard - Virtual Event Remote Active 22 August 2017

This company holds a British licence but not an active remote casino licence, so it does not run an online casino here under its own permission.

Check another site

Look up any casino web address against the register, find out who owns a brand, or read every decision the Commission has published.

Common questions about Spreadex Limited

Is Spreadex Limited licensed in the UK?

Yes. The Gambling Commission lists 2 active operating licences against Spreadex Limited, account number 8835, the earliest running since 1 January 2009. It does not currently hold an active remote casino licence.

Has Spreadex Limited been fined by the Gambling Commission?

1 regulatory action is currently published against it, decided since September 2023 and totalling £2,022,000. The most recent was decided on 7 May 2025 and recorded as a sanction of £2,022,000. Sanctions and settlements stay on the Commission's register for three years from publication, so that figure is what the register carries today and not the company's entire enforcement history — older penalties, including some very large ones, have been withdrawn from the register and are not counted here. The Commission's own wording for each decision is reproduced above.

Which casino brands does Spreadex Limited run?

7 trading names are registered against this licence holder: betspreadex, spreadex bet, spreadex limited, spreadex sports, spreadex sports bet, spreadex sportsbet, spreadexbet. They share the same licences, so the same deposit limits, the same account checks and the same compliance record apply across all of them.

Who do I complain to about Spreadex Limited?

Start with the operator in writing. If it is unresolved after eight weeks, or you disagree with its final response, the complaint goes to the alternative dispute resolution provider it is signed up to, free of charge. The Gambling Commission does not settle individual disputes and cannot recover your money, though it does use complaint patterns to drive compliance work.

How is the Safety Record score for Spreadex Limited calculated?

From three inputs in the public register, weighted 55 for enforcement burden, 25 for licence standing and 20 for licence tenure, normalised to a mark out of 100. Spreadex Limited scores 51. Safer gambling tool coverage and RTP disclosure are only counted where we have tested a site directly; this operator has not been tested, so those weights are excluded rather than guessed at. No commercial arrangement can change the figure.