Public Statement Isle of Man GSC: Cancellation of Gambling Licences for King Gaming Limited and Dalmine Limited

July 26, 2024 | Online Gambling

Isle of Man Gambling Supervision Commission | LinkedIn

Public Statement by the Isle of Man Gambling Supervision Commission: Cancellation of Gambling Licences for King Gaming Limited and Dalmine Limited

Isle Of Man Gambling Supervision Commission

 

Isle of Man Gambling Supervision Commission (June 2024)

  • Dalmine Limited

    • Licensing Background: King Gaming Limited was licensed by the Isle of Man Gambling Supervision Commission (the “Commission”) under section 4 of the Online Gambling Regulation Act 2001 (“OGRA”) on 13th June 2017.
    • Previous Statement: This statement follows the Commission’s previous public statement on 24th April 2024, which can be viewed on the Commission’s website.
    • Licence Cancellation: The Commission considers that it is in the public interest to issue this statement to advise stakeholders that further to section 13 of OGRA, the Commission cancelled King Gaming Limited’s licence on 24th July 2024. This decision has immediate effect.
    • Regulatory Objectives: This decision is made in furtherance of the Commission’s regulatory objectives as set out at section 5(2) of the Gambling Supervision Act 2010.
    • Ongoing Liaison: Notwithstanding the decision above, the Commission continues to liaise with partner agencies regarding aspects of King Gaming Limited’s affairs.
    • No Further Comment: The Commission will make no further public comment regarding this until matters are fully concluded.
  • Dalmine Limited

    • Licensing Background: Dalmine Limited (“Dalmine”) was licensed by the Isle of Man Gambling Supervision Commission (the “Commission”) under section 4 of the Online Gambling Regulation Act 2001 (“OGRA”) on 16th October 2019.
    • Previous Statement: This statement follows the Commission’s previous public statement on 24th April 2024, which can be viewed on the Commission’s website.
    • Licence Cancellation: The Commission considers that it is in the public interest to issue this statement to advise stakeholders that further to section 13 of OGRA, the Commission cancelled Dalmine Limited’s licence on 24th July 2024. This decision has immediate effect.
    • Regulatory Objectives: This decision is made in furtherance of the Commission’s regulatory objectives as set out at section 5(2) of the Gambling Supervision Act 2010.
    • Ongoing Liaison: Notwithstanding the decision above, the Commission continues to liaise with partner agencies regarding aspects of Dalmine Limited’s affairs.
    • No Further Comment: The Commission will make no further public comment regarding this until matters are fully concluded.

SOURCE: Isle Of Man Gambling Supervision Commission

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