TSE Malta LP
TSE Malta LP is a Gibraltar-based online betting intermediary, UKGC-licensed since November 2014 and trading as Betfair. In December 2025 it was party to a £2 million regulatory settlement with the UKGC for social responsibility control failings across a group of related licensees. Trust grade is F.
Positive Signals
- Continuously licensed since November 2014 — over 11 years without revocation or suspension
Concerns
- £2 million regulatory settlement in December 2025 for social responsibility failings in remote customer interaction, shared across four related licensees
- Trust grade F (score: 44) driven by enforcement impact and low corporate transparency
- No officers or beneficial owners on record — limited corporate accountability data available
Overview
Operator Type: Online betting intermediary operator
TSE Malta LP is a Gibraltar-headquartered betting intermediary that holds a UKGC licence and trades as Betfair. In December 2025, the UKGC recorded a £2 million regulatory settlement against TSE Malta LP and three related licensees for failings in social responsibility controls, specifically around remote customer interaction. That settlement pulls the trust grade to F and the enforcement score to its lowest possible band.
The operator has been licensed since November 2014, accumulating over 11 years of continuous licensing. But the size of the settlement tells a clearer story. A £2 million combined payment in lieu of a financial penalty, agreed alongside a public statement, indicates systemic failures across a group of related entities rather than a single isolated incident.
TSE Malta LP is registered as a limited partnership in Malta, and no officers or beneficial ownership data are available in the current records. That absence of corporate transparency, combined with the recent enforcement, limits any meaningful accountability picture for consumers researching this operator.
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 Gibraltar, a jurisdiction with established gambling regulation. Gibraltar has a long-established gambling regulatory framework. While not UK-based, the UKGC licence ensures UK consumer protections apply.
Licence Details
TSE Malta LP holds one active UKGC licence: a Betting Intermediary licence (number 039561-R-319411-007), granted on 1 November 2014. A betting intermediary licence authorises the operator to act as a platform that matches bets between customers, as distinct from a standard bookmaker that takes bets directly. This is the licence type that covers the Betfair exchange model. No expiry date is recorded.
| Licence Type | Status | Granted |
|---|---|---|
| Betting Intermediary | Active |
Enforcement & Compliance History
The UKGC recorded a £2 million regulatory settlement against TSE Malta LP and three related licensees on 17 December 2025 (regulatory reference 309). A compliance assessment found failings in Social Responsibility controls relating to remote customer interaction. The settlement was agreed in lieu of a financial penalty and was accompanied by a public statement from the UKGC.
Following a compliance assessment, TSE Malta LP and three other related licensees were found to have failings in their Social Responsibility controls, specifically regarding remote customer interac...
Penalty: £2m
Corporate Structure
TSE Malta LP (company number OC1224) is registered as an active limited partnership in Malta at Triq il-Kappillan Mifsud, Santa Venera. The company is classified as having gambling-related activities. No officers or persons with significant control are available in the current data.
TSE Malta LP
Active- Company Number
- OC1224
- Registered Address
- Triq il-Kappillan Mifsud, Santa Venera
Associated Domains
TSE Malta LP operates betfair.com as its consumer-facing domain, trading as Betfair. No SSL data is available for this domain in the current records. Trustpilot data shows a score of 3.4 from 4,135 reviews, which falls just below the threshold for a positive trust signal.
| Domain | Brand | Status | Site Type |
|---|---|---|---|
| betfair.com | Betfair Casino | Active | Casino |