SBG Sports Limited
SBG Sports Limited is an online betting and gaming operator licensed since October 2025. It runs the popular 'sky bet' brand and holds licences for sports betting, pool betting, and gambling software. The company doesn't have any history of regulatory enforcement.
Positive Signals
- No enforcement actions on record
- Websites have 'A' grade SSL security
- Operates the well-known sky bet brand
Concerns
- Newly licensed in October 2025
Overview
Operator Type: Online sports betting and gaming operator
SBG Sports Limited is a UK-licensed gambling company that operates the well-known 'sky bet' and 'sky bet games' brands. The company was incorporated on 27 May 2025 and is registered as active on Companies House. Its ultimate beneficial owner is listed as Cyan Bidco Limited, which controls over 75% of the company's shares and voting rights.
The UK Gambling Commission (UKGC) granted the company its first licences on 6 October 2025. It holds four separate active licences that permit it to offer a range of online betting and gaming activities to consumers in Great Britain. The company's directors include Simon Laurence Bernholt and Karol Josef Corcoran.
SBG Sports Limited's main website, skybet.com, has a strong 'A' grade for its SSL security certificate. This shows it uses current standards for protecting user data. The brand has a public Trustpilot score of 3.5 out of 5, based on feedback from several thousand customers.
There are no regulatory actions or fines recorded against this operator. This clean enforcement history is a positive indicator, although the company is very new to the UK market.
Where Is This Operator Based?
Understanding where an operator is based matters for regulatory accountability. UK-based operators are subject to UK courts and consumer protection laws.
This operator is headquartered in Malta, a jurisdiction with established gambling regulation. Malta Gaming Authority (MGA) is one of Europe's most respected gambling regulators. While not UK-based, the UKGC licence ensures UK consumer protections apply.
Licence Details
SBG Sports Limited holds four active UKGC licences. These include a Gambling Software licence, which allows it to create and supply software for gambling. It also has licences for General Betting Standard - Real Event, General Betting Standard - Virtual Event, and Pool Betting, covering a range of sports and event wagering.
| Licence Type | Status | Granted |
|---|---|---|
| Gambling Software | Active | |
| General Betting Standard - Real Event | Active | |
| General Betting Standard - Virtual Event | Active | |
| Pool Betting | Active |
Enforcement & Compliance History
There are no regulatory actions recorded against SBG Sports Limited by the UK Gambling Commission.
No enforcement actions recorded.
This operator has no public enforcement actions, financial penalties, or regulatory warnings on record with the UK Gambling Commission.
Corporate Structure
SBG Sports Limited was incorporated on 27 May 2025 and its company status is active. Key directors include Simon Laurence Bernholt and Karol Josef Corcoran. The company's ultimate beneficial owner is Cyan Bidco Limited, which holds between 75% and 100% of shares and voting rights.
SBG SPORTS LIMITED
Active- Company Number
- 16474280
- Incorporated
- 27 May 2025
- Registered Address
- One Chamberlain Square Cs, Birmingham, B3 3AX
Directors & Officers
| Name | Role | Residence | Appointed |
|---|---|---|---|
| CORCORAN, Karol Josef | director | 🇺🇲 United States Minor Outlying Islands | 26 August 2025 |
| JENNINGS, David | director | 🇺🇲 United States Minor Outlying Islands | 26 August 2025 |
| REILLY, Ben | director | 🇮🇪 Ireland | 26 August 2025 |
| GRIMLEY, Nathan | secretary | — | 27 May 2025 |
| BERNHOLT, Simon Laurence | director | 🇬🇧 United Kingdom | 27 May 2025 |
Associated Domains
The operator runs websites under the 'sky bet' brand, including skybet.com. Its main domain has an 'A' grade SSL certificate, which is a strong security rating. The brand has a Trustpilot score of 3.5 out of 5 based on over 4,500 reviews.
| Domain | Brand | Status | Site Type |
|---|---|---|---|
| skybet.com | Sky Bet | Active | Mixed |