Following a couple of months of restriction, Genesis Global Limited (GG) finally had its remote license suspension lifted. This decision, made by the Gambling Commission of Great Britain was effective as of October 14, meaning the operator is approved to resume its activities in this market.
To make sure clients are provided the safest and most responsible environment for gambling, Genesis will continue its cooperation with the regulator. The corporation is already working hard to present its numerous brands to the UK clientele in the best possible light.
GG, which recently collaborated with Push Gaming commented on the Commission’s decision via CEO Ariel Reem as follows:
“We are pleased to announce that the suspension of our UKGC license has been lifted, as a result of the intensive work and huge dedication our business has demonstrated in the last few months. This is a clear testament to our commitment to both UK regulations and to our customers.”
Turning over New Leaf
Without any doubt, this is great momentum for the company, as they have the opportunity to start things over and confirm that their business is in line with the most stringent standards.
Reem also added:
“We are also hugely thankful to our staff for their dedication and trust, and to our suppliers who have assisted in rectifying a difficult situation which arose during unusual economic circumstances for the whole world.”
Thanks to this approval, the following online casinos are allowed to open their virtual doors to UK players: Casoola, Casino Planet, Kassu, Casino Gods, Casino Cruise, Casino Joy, Genesis Casino, Pelaa, Sloty, Spela, Spinit, and Vegas Hero.
Why Was the License Suspended in the First Place?
Due to a number of compliance issues, the UKGC commenced a review under section 116 of the Gambling Act 2005. Stating that the company has breached the condition of the mentioned Act, the licensor suspended its Combined Operating License.
Just to remind…
…this approval enables interested providers to offer players content from the following categories- Real Event Betting, Virtual Betting, and Casino. Effective from 20 July 2020, the ban made it illegal for Genesis to offer its products via the abovementioned online facilities.
Aside from this situation, the company also had some issues with Sweden’s Administrative Court, for breaching self-exclusion regulations. However, the Court made the decision to reduce penalty fees.
Continuous Efforts to Protect Players
Holding the reputation of one of the most rigorous regulatory institutions, the Gambling Commission of Great Britain keeps finding more ways to ensure the highest possible level of consumer protection.
Among the most recent activities…
…there’s cooperation with Facebook, aiming to limit gambling-related advertisements consumers who utilize this platform are served.
Moreover, the regulator invited the financial sector to join forces and deal with addictive behavior and other forms of gambling-related harm. Gambling blocking services are just some of the suggested measures which could bring more safety.
Plus, it puts constant efforts to ensure operators treat VIP customers in a reasonable manner. Frequent checks, assessments, and verifications could help evaluate each consumer individually and make sure the problem is spotted on time.
“Interim suspension of operating licence – Genesis Global Limited”, gamblingcommission.gov.uk