Petfre (Gibraltar) Limited
Account number
39544
Head office address
5.2 Waterport Place, 2 Europort Avenue,Gibraltar, GX11 1AA, Gibraltar
Regulatory actions
What is a sanction?
When a licence holder has not followed rules and regulations aimed at ensuring gambling is fair, safe and crime-free, we can take action and impose the following sanctions:
- Give the licensee a warning
- Add, remove, or amend a condition to the licence
- Suspend a licence
- Revoke a licence
- Impose a financial penalty
Decision date: 20 May 2025
Outcomes: Financial penalty
Details of action
Following an investigation into a key event submitted by Petfre (Gibraltar) Limited (“the Licensee”), the Commission found that the Licensee:
- breached licence condition (“LC”) 2.3.1 – Technical standards.
In line with the Commission’s Licensing, compliance and enforcement policy statement and the Statement of principles for determining financial penalties, the Commission has decided to:
- impose a financial penalty of £240,000 under section 121(1) of the Act.
Commission Officials note that the Licensee identified the breach and proactively reported it to the Commission. The Licensee took immediate remedial action to address the identified issues and co-operated with the Commission throughout the investigation.