Genesis Licence Suspended

The UK Gambling Commission (UKGC) has announced that it is imposing an interim suspension of the  operating licence of gambling company Genesis Global Limited.

The suspension appears to be associated with the breach of license conditions although the full details have not been reviewed. The suspension, which is effective from Monday, means that it will be illegal for Genesis Global to provide gambling services through its various betting sites in the United Kingdom, all of which fall under the UKGC jurisdiction.

Those sites that will now be suspended are Casoola Casino, Casino Planet, Kassu, CasinoCruise, Casino Gods, Casino Joy, Genesis Casino, Pelaa, Sloty Online Casino, Spela, Spinit and Vegas Hero, all of which will be closed to customers.

In a media release announcing the suspension, the UKGC said that Genesis had been given clear instructions on how to meet the concerns of customers during the suspension:

“We have instructed the operator to facilitate customers accessing their accounts to withdraw funds and advise customers not to place any bets through the above websites. If a customer has questions concerning their account we advise they contact the operator through the website they have used.”

The regulator appears to have started a review under sections 116 and 118 of the Gambling Act 2005. While this investigation is taking place, the UKGC has suspended the combined operating licence held by the company, which covers the provision of real event betting, virtual betting, and casino betting to the UK market.

While the full details of the reasons for the suspension are not clear, it is suspected that Genesis Global have committed a serious breach of the licence. Section 116 (2) (a) of the Act states that the UKGC has the power to review any matter connected with providing gambling facilities permitted by any operating licence, if they have reason to suspect that betting activities have been continued in breach of any of the conditions associated with that licence.

The action is the latest in a series of suspensions and enforcement measures taken by the UKGC this year. The regulator itself has also been under pressure from politicians and other stakeholders to do more to tackle perceived abuses and failings in the gambling sector in the UK, with some politicians even calling for the UKGC to be overhauled or replaced.

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