Stakemate
Stakemate is an online sportsbook operated by Bet Theory (Malta) Limited under a UKGC licence granted in May 2025. The site markets itself as a social betting platform aimed at groups of friends. It's a new entrant to the UK market with no enforcement history on record.
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About
Stakemate is a UK-facing sports betting site run by Bet Theory (Malta) Limited, which received its UKGC licence in May 2025. The operator holds four active licences covering betting, casino, bingo, and gambling software, making it a relatively broad operation for a new entrant. With under a year of licensed trading, it has a short track record by UK standards.
The site describes itself as a social betting app, claiming features like group chat betting, combined bet builders and accumulators, and fast withdrawals. According to their website, the platform targets groups of friends who want to share bets and create group wagers together. These are marketing claims from the operator's own site, not independently verified capabilities.
Bet Theory (Malta) Limited has no company registration data available through UK Companies House, which suggests the operator is incorporated offshore. UK consumers have no straightforward route to UK courts if a dispute arises, which is worth considering alongside the operator's relatively short licensing history.
Features & Offerings
Key Offerings
- Sports betting
- Bet builders
- Accas
Main Features
- Group chat betting
- Combine bet builders and accas
- Fast withdrawals
- Unlimited group creation
Can You Trust Stakemate?
Positive Signals
- UKGC licensed with four active licence types since May 2025
- No regulatory enforcement actions on record
- SSL grade A with TLS 1.3 support and HSTS enabled
- Trustpilot score of 4.40 from 1,162 reviews
Concerns
- Less than one year of UKGC licensing history
- No UK Companies House registration found, operator appears offshore-incorporated
- WHOIS details not publicly available, limiting domain transparency
- Domain registered in 2025, no established track record
What Users Say
Stakemate has a Trustpilot score of 4.40 out of 5 from 1,162 reviews. That's a strong rating for a site that launched in 2025, suggesting early adopters have had broadly positive experiences. Per-star breakdown data isn't available to assess the distribution of sentiment.
Common Themes
No topic summary data is available for Stakemate's Trustpilot reviews at this time.
Regulatory Context
No enforcement actions exist to cross-reference against user feedback. If complaints surface around withdrawals or account verification as the site matures, that would be worth monitoring given the operator's limited regulatory track record.
Source: Trustpilot
UKGC Licence Status
Bet Theory (Malta) Limited holds four active UKGC licences, all granted on 2 May 2025. These cover General Betting Standard (Real Event), which permits fixed-odds sports wagering; Remote Casino, allowing online slots and table games; Remote Bingo, covering online bingo products; and Gambling Software, which authorises the supply of gaming software to other operators. All four are currently listed as Active on the UKGC register.
Regulatory Actions
Bet Theory (Malta) Limited has no recorded regulatory actions with the UK Gambling Commission. The operator's short licensing history, from May 2025 onwards, means this clean record covers less than one year of regulated trading.
Site Assessment
Licensed Operator
Stakemate is operated by Bet Theory (Malta) Limited, a UKGC-licensed entity that began trading in the UK in May 2025. The operator holds an active licence under UKGC account number 66151. No UK Companies House registration is available for this operator, which suggests it's incorporated outside Great Britain. That means UK consumer protections tied to domestic company registration don't apply in the same way they would for a UK-registered firm.