Introduction

This document sets out how WBX identifies you and handles your personal data. You should read it in conjunction with our Terms and Conditions, of which this Privacy Policy forms part.

This Privacy Policy sets out the practices which we apply, together with our approach to complying with the data protection laws which are applicable in the United Kingdom.

In this Privacy Policy, references to “WBX” means World Bet Exchange Limited and WBX Members Funds Limited and references to the “Group” include all direct and indirect subsidiaries and related companies of WBX Holdings Limited as may be in existence from time to time and wherever located.

Personal Data

Each time you visit the website, Personal and non-Personal Data may be retained by us. Personal Data is any information which you may provide to WBX which is personal to you. This may include your name, your postal and email addresses, your payment card details or other financial data (“Personal Data”).

In addition, WBX may monitor all communications (including any telephone conversations) which you may have with WBX.

Cookies

Cookies are text files containing small amounts of information which are downloaded to your device when you visit a website.

Cookies are then sent back to the originating website on each subsequent visit, or to another website that recognises that cookie.

Cookies do lots of different jobs, such as letting you navigate between pages efficiently, remembering your preferences, and generally improving the user experience. The cookies used on this website have been categorised based on the ICC UK Cookie guide.

A list of all the cookies used on this website by category is set out below.

Category 1

These cookies are essential in order to enable you to move around the website and use its features, such as accessing secure areas of the website. Without these cookies services you have asked for, like shopping baskets or e-billing, cannot be provided.

Category 2

These cookies collect information about how visitors use a website, for instance which pages visitors go to most often, and if they get error messages from web pages. These cookies don’t collect information that identifies a visitor. All information these cookies collect is aggregated and therefore anonymous. It is only used to improve how a website works.

Category 3

These cookies allow the website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced, more personal features. For instance, a website may be able to provide you with local weather reports or traffic news by storing in a cookie the region in which you are currently located. These cookies can also be used to remember changes you have made to text size, fonts and other parts of web pages that you can customise. They may also be used to provide services you have asked for such as watching a video or commenting on a blog. The information these cookies collect may be anonymised and they cannot track your browsing activity on other websites.

By using the WBX website, you agree that we can place these types of cookies on your device.

For more information about cookies, including how to enable/disable them see www.allaboutcookies.org

Accountability of Staff

One senior staff member of WBX (the “Data Controller”) is, at any time, designated to be responsible for maintaining and protecting your Personal Data.

Disclosure of Personal Data

Any Personal Data you give us is retained by WBX with the utmost care and security. WBX will not allow any third party access to your Personal Data otherwise than in accordance with this Privacy Policy. Your knowledge and consent are required for the disclosure of your Personal Data except where required or permitted by law.

Your Personal Data may be transferred to any Group Company for the purposes set out above.

WBX may occasionally use trusted third parties to assist with the storage and processing of your Personal Data for the purposes set out above. The processing carried out by these companies will be strictly governed by a contract required by the relevant data protection laws and their ability to do so will be a primary selection criterion.

Consent

By visiting the website, opening a Member Account or providing any Personal Data to WBX, you consent to the Group processing and transferring your Personal Data in accordance with the practices described in this Privacy Policy. From time to time our Privacy Policy may change and any such changes will be posted on this page and notified to you as soon as practicable. Any additional consent that may be required will be sought from you. You are welcome to contact the Data Controller at any time to discuss your consent and your rights under applicable Data Protection laws.

Necessity

Your Personal Data which is collected by WBX is limited to that which is necessary for the purposes identified by WBX to serve you.

Retention

Your Personal Data is only retained for the period of time required to fulfil the purpose for which it was collected and our obligation under the relevant laws and regulations in the United Kingdom.

Accuracy

We ask that you keep the Personal Data maintained by us in as accurate, complete and up-to-date form as is necessary to fulfil the purposes for which it is to be used.

Safeguarding Personal Data

WBX maintains physical, electronic and procedural safeguards that comply with applicable legal and industry standards to store and secure your Personal Data from unauthorised access and use, alteration and destruction. For example, we have control policies that permit access to Personal Data only by our staff members whom we believe need access to do their work. Our own policies and procedures have been developed to protect the confidentiality of your Personal Data and to help achieve compliance with relevant rules and regulations. We hold our employees accountable for complying with those policies, procedures, rules and regulations.

Once you have an account with us, a password is required to gain access to the registered section of the website, to view your personal data and to enter the bet exchange to place, view or cancel bets.

We use the latest standard security mechanisms in the finance industry to ensure your electronic communication with WBX is completely secure; these include, but are not limited to, cookies and secure internet protocols.

In partnership with leading e-commerce providers, WBX provides secure payment systems for your convenience. WBXmail is a secure and private method for you to communicate with WBX.

Your Access

You can at any time request a copy of your Personal Data that is held by WBX. You can verify, change, update or remove your Personal Data at any time in accordance with this policy.