Taichi Tech Limited
Taichi Tech Limited is an online gambling firm licensed since 2021, operating the Fafabet brand. It holds remote casino and betting licences but received a £170,000 UKGC fine in 2025 for compliance failures.
Positive Signals
- Continuously licensed since 2021
- Operates with valid A-grade SSL security
Concerns
- £170,000 fine from the UKGC in April 2025
- Breached rules on social responsibility and anti-money laundering
- Poor customer reviews on Trustpilot (1.5/5) for its main UK domain
Overview
Operator Type: Online casino and sports betting operator
Taichi Tech Limited is a UK-based gambling operator that has held a licence from the Gambling Commission since 23 February 2021. The company operates consumer-facing websites under the trading names 'fabet' and 'fafabet'. It's authorised to offer online casino games and betting on both real and virtual events.
The company behind the operation is TAICHI TECH LTD, which was incorporated in the UK on 11 March 2019. According to Companies House records, it doesn't have any publicly listed directors. The firm's beneficial owner is listed as Maven Business Investments Ltd, which holds between 25% and 50% of the shares and voting rights.
Taichi Tech Limited has faced regulatory action from the UKGC. On 17 April 2025, the regulator issued a £170,000 financial penalty. The fine was for breaches of licence conditions related to fair terms, anti-money laundering (AML), and social responsibility. As part of the action, the UKGC also added a new condition to the company's licence that requires a third-party audit of its controls.
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 the UK and registered with Companies House. They are fully subject to UK courts, consumer protection laws, and regulatory oversight.
Licence Details
Taichi Tech Limited holds three active UKGC licences: Remote Casino, Remote General Betting Standard (Real Events), and Remote General Betting Standard (Virtual Events). All licences were granted on 23 February 2021. A condition was added in April 2025 requiring a third-party audit of its AML and social responsibility procedures.
| Licence Type | Status | Granted |
|---|---|---|
| Casino | Active | |
| General Betting Standard - Real Event | Active | |
| General Betting Standard - Virtual Event | Active |
Enforcement & Compliance History
On 17 April 2025, the UKGC fined Taichi Tech Limited £170,000 for failures in social responsibility, anti-money laundering, and marketing practices. The action also included a new licence condition.
Following a review, Taichi Tech Limited was found to have breached licence conditions related to fair terms, anti-money laundering, social responsibility, and marketing. The Commission imposed a £...
Penalty: £170,000
Corporate Structure
Taichi Tech Limited is operated by TAICHI TECH LTD, a UK company incorporated on 11 March 2019. The company's significant owner is Maven Business Investments Ltd, which holds a 25-50% stake.
TAICHI TECH LTD
Active- Company Number
- 11875434
- Incorporated
- 11 March 2019
- Registered Address
- Spaces, No.9 Greyfriars Road, Reading, RG1 1NU
Associated Domains
The operator runs websites including fafabet.co.uk and fafabet.ie. While its domains are secured with A-grade SSL certificates, its primary UK brand has a very low customer rating on Trustpilot.
| Domain | Brand | Status | Site Type |
|---|---|---|---|
| fafabet.co.uk | Fafabet | Active | Mixed |