The UK Gambling Commission announced this afternoon that the operating licence of Genesis Global Limited has been suspended pending a review.
The governing body suspects that Genesis has breached section 116(2)(a) of the 2005 Gambling Act.
The affected online casinos brands are listed as:
The licence suspension is effective from today (20th July). The specific clause in the Act referred to in this update states:
“The Commission may review any matter connected with the provision of facilities for gambling as authorised by an operating licence if the Commission—
(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”
The news update from UKGC also included the following message:
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.
We will update this story as more information becomes available.