UK Operating Licence Suspended by UKGC

Genesis Global Has UK Operating Licence Suspended by UKGC

Written by WhichBingo
July 21, 2020

Some of the best known and best-loved online casino and slot brands are today unable to operate in the UK. Genesis Global Limited and its fitness for a UK gambling licence is under review by the UK Gambling Commission. They suspect that there has been a breach of a number of compliance issues and have taken action under section 116(2)(a) and (section 116(2)(c)(i)) of the Gambling Act.

Checking these sections of the Act does not make clear exactly what the problem might be, they just give the Gambling Commission specific powers to be able to take action if they think it appropriate and will have informed Genesis Global of the specific reasons.

Section 116(2) of the Act gives the Commission the power to review any matter relating to a licence connected with the provision of facilities for gambling if the Commission suspects that conditions of a licence have been or are being breached in the following ways in this instance:

S116(2)(a) – has reason to suspect that activities may have been carried on in purported reliance on the licence but not in accordance with a condition of the licence,

c)If the UKGC for any reason—

(i)suspects that the licensee may be unsuitable to carry on the licensed activities,

The brands affected are:

  • Genesis Global casoola.com
  • casinoplanet.com
  • kassu.com
  • casinocruise.com
  • casinogods.com
  • casinojoy.com
  • genesiscasino.com
  • pelaa.com
  • sloty.com
  • spela.com
  • spinit.com
  • vegashero.com

It is currently illegal for these brands to operate in the UK, but customers can access accounts to withdraw any funds they might have. Any questions should be directed to the customer services team of the relevant brand used.

In recent weeks various Government committees and even the House of Lords have tried to brand the Gambling Commission as outdated and ‘toothless’, worried that the organisation is more concerned about the businesses it is supposed to regulate than the people it is supposed to protect.

Actions such as this high profile licence suspension tell a different story. It takes time for problems to emerge, but good to know that if there is doubt the public is being protected until all the facts are to hand.

Updated 24th July 2020

Genesis to ‘vigorously appeal’ licence suspension

Genesis Global has sought legal advice following the suspension of its UK licence by the Gambling Commission as it feels the action is disproportionate and inconsistent with past enforcements handed out. While wanting to comply with the Commissions requirements and co-operate in any way possible with the investigation, the company feels that its full co-operation, even going so far as providing an action plan on compliance procedures, should have had some mitigating influence.

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