BETDAQ is powered by a betting exchange platform operated by Exchange Platform Solutions Limited, a company licensed by the Alderney Gambling Control Commission (the “EPS Platform”), with the EPS Platform based on the number one betting exchange technology in the world. The EPS Platform is also used by a number of other sports betting brokerages and websites for sports betting and risk management and uses state-of the-art proprietary software, developed with a number of partners, and is fully protected by copyright in the European Union.
BETDAQ believes that security is paramount. To this end, customer funds are held for BETDAQ customers by (i) a specially incorporated entity (“BDQ Member Funds”), a non-operating company which is independent from BETDAQ and (ii) on trust, by a trust company “Ladbrokes Trustee Company Limited”, which is a subsidiary of LadbrokesCoral plc, a company listed on the London Stock Exchange and the ultimate parent company of BETDAQ (BDQ Member Funds and Ladbrokes Trustee Company Limited, together, the “Customer Funds Entities”).
Ladbrokes Trustee Company Limited
Ladbrokes Trustee Company Limited is a trustee company that has been specifically incorporated for the purpose of holding customer funds on trust for customers of the LadbrokesCoral Group, including BETDAQ, and its sole purpose and business objective is the management and custody of customer funds of the LadbrokesCoral Group, including certain BETDAQ customer funds. Ladbrokes Trustee Company Limited’s mandate requires that it must hold and retain any customer funds of the LadbrokesCoral Group received in entirely separate bank accounts from the LadbrokesCoral Group operating companies, including BETDAQ.
Each of the Customer Funds Entities hold relevant BETDAQ customer funds in bank accounts that are specifically dedicated to this purpose.
LC International Ltd is licensed (RGL No. 010, 012) by the Government of Gibraltar and regulated by the Gibraltar Gambling Commissioner. All bets struck by customers with accounts registered in Great Britain are regulated by the British Gambling Commission pursuant to the licence held by Ladbrokes Betting & Gaming Ltd. (licence no. 1611)
BETDAQ believes in a socially responsible attitude to gambling. It has worked closely with GAMCARE, the National Association for Gambling Care, Educational Resources and Training, to ensure that it does everything in its power to provide an enjoyable betting experience for its customers and yet recognise that betting can cause problems for a small minority of the public.