Malta-based online gambling company Genesis Global Ltd is back in business after the UK gambling regulatory body lifted the suspension on its operating licence earlier this week. Now, more than two months following the ban, the gambling firm would be able to resume operations, as the UK Gambling Commission (UKGC) ruled they are fit for the country’s gambling market.
Following the gambling watchdog’s decision from October 14th, Genesis Global would be able to resume the operations of its online casino brands in the country, including, genesiscasino.com, casinoplanet.com, casoola.com, casinojoy.com, casinocruise.com, casinogods.com, spela.com, pelaa.com, kassu.com, sloty.com, spinit.com, and vegashero.com. The decision of the UK Gambling Commission allows Genesis Global to resume operation with immediate effect.
The Maltese online gambling company shared it has started working hard in order to bring its improved casino brands back on the British gambling market in a few days. Genesis Global further noted that was willing to make sure that its customers will be able to play in a safe and responsible gaming environment.
Genesis Global pledged to continue its collaboration with the UK gambling regulatory body in order to make sure that all of the watchdog’s concerns regarding its operations are fully satisfied. It also asserted that regular updates about all ongoing developments from the group are set to be provided to the regulatory body.
Maltese Online Gambling Company Faced Licence Suspension in July
The Maltese online gambling company had its UK operating licence suspended on July 20th, after the UKGC revealed that it was to investigate the operator’s licence because of several compliance issues. As announced at the time by the UK gambling watchdog, the company’s Operating Licence No 000-045235-R-324169-010, under which it was able to offer casino gambling, real-event betting and online gambling services, was suspended during the probe that was being held under sections 116 and 118 of the country’s Gambling Act 2005.
At the time when the suspension of the company’s licence was made, the UKGC shared suspicions that Genesis Global Ltd has breached section 116(2)(a) of the Gambling Act. As a result of the suspicions, the Commission was able to immediately ban the UK-facing activity of the twelve online gambling brands operated by the Maltese online gambling operator.
Following the licence suspension, Genesis Global almost immediately shared that it intended to appeal the regulatory body’s decision, describing it as inconsistent and disproportionate. As the company shared, it got subject to a routine compliance assessment that took place at the beginning of July 2020. The gambling operator further noted that similar assessments of its services had been previously held, with no material findings on the watchdog’s part.
Now, with the suspension of its operating licence in the country lifted, the CEO of Genesis Global, Ariel Reem, praised the company for its intensive works and dedication demonstrated in the last several months.