Genesis Global’s UKGC License Suspension Lifted

The United Kingdom Gambling Commission (UKGC) has decided to lift a license suspension from Genesis Global. This means that the operator has been given the green light to resume its operations in the UK market. The suspension was lifted on October 14.

Genesis is clear to resume trading with immediate effect and the operator stated that it is dedicated to improving its casino brands to make sure its customers are given the responsible and safe gaming environment.

The UKGC, which recently granted Pragmatic Solutions a remote operating license, and Genesis will continue to work together to make sure that all concerns are fully satisfied and UKGC will provide the brand with all the ongoing developments.

Lifting the Suspension

Representatives from Genesis Global, which recently saw penalty fees reduced, say that they are pleased about UKGC lifting the suspension and are thankful to their staff for their dedication and trust.

Genesis Global CEO Ariel Reem said: “We are pleased to announce that the suspension of our UKGC licence has been lifted, as a result of the intensive work and huge dedication our business has demonstrated in the last few months. This is clear testament to our commitment to both UK regulations and to our customers. 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.”

More about the Companies

Founded in 2014 by some of the greatest minds in the gaming industry, Aspire’s goal is to create an extraordinary experience for players, as well as the partners. It provides a fully segmented, real time data approach that is designed to fit the needs of the target audience, providing an enhanced experience that is applied to the company’s multi-brand strategy.

The UKGC was set up under the Gambling Act of 2005 in order to regulate gambling in Great Britain together with licensing authorities. The Commission also regulates the National Lottery.

Furthermore, it issues licenses for license holders, gambling premises and heavily promotes responsible gambling.The Commission operates as an executive non-departmental public body of the Government of the United Kingdom. Its main goal is to keep crime away from gambling and to protect the end-users. It also consults the government on gambling-related issues.

Source:

“Interim suspension of operating licence – Genesis Global Limited”, gamblingcommission.gov.uk, October 19, 2020.

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