Gambling Commission hands interim licence suspension to Genesis Global

UKGC

The UK Gambling Commission has announced an interim suspension to the operating licence of Genesis Global Limited due to suspicions that certain conditions have been breached.

Commenting that “this is due to a number of compliance issues,” the licence suspension, effective immediately (Monday 20 July 2020), makes it illegal for Genesis Global to offer gambling services via its suite of igaming sites in Great Britain. 

Those sites suspended are Casoola Casino, Casino Planet, Kassu, CasinoCruise, Casino Gods, Casino Joy, Genesis Casino, Pelaa, Sloty Online Casino, Spela, Spinit and Vegas Hero.

In a media release documenting the announcement, the UKGC commented: “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 has commenced a review under sections 116 and 118 of the Gambling Act 2005, and has suspended operating licence No 000-045235-R-324169-010 combined remote operating licence – real event betting, virtual betting, and casino held by Genesis Global while this takes place. 

It is suspected that Genesis Global has breached a condition of the licence (section 116(2)(a) of the Act) and is unsuitable to carry on the licensed activities, with it said to have been deemed appropriate to suspend the licence with immediate effect pending the conclusion of the review.

Section 116(2)(a) states: “The Commission may review any matter connected with the provision of facilities for gambling as authorised by an operating licence if the Commission 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”.