UK Black Market Operator Shuts Down Companies Ahead of GAMRS report

A major player in the UK’s black market gambling scene has quietly shut down its holding companies, NEXT.io reports. 

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The group, which runs offshore brands like MyStake, DonBet, GoldenBet and Rolletto, dissolved its Curaçao‑registered firms Santeda International B.V. and GTW B.V. last week. British bettors are said to have wagered more than £3bn with the Georgia‑based operator in 2025, a figure that drew heavy scrutiny after earlier GAMRS investigations.

The upcoming GAMRS report, delayed after a legal challenge from Carter‑Ruck, is now expected this week. In the meantime, records show that corporate services provider IGA Group stepped away from its role as director, leaving an individual named Xianbo Wei listed instead. GAMRS chief Jordan Lea explained that when companies close in Curaçao, “a low visibility director is placed on the company,” often to mask true ownership.

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The group had already shifted operations between its licences earlier this year. Its sites have long leaned on “not‑on‑Gamstop” advertising, targeting self‑excluded gamblers, and operate without the protections required of UK‑licensed platforms.

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