Genesis to fight back after UK license temporarily suspended
Online casino operator Genesis Global has pledged to mount a vigorous appeal after the UK Gambling Commission suspended its licence on an interim basis.
The UKGC ruling sent shockwaves through the industry, and it means that UK players cannot access popular Genesis sites like Vegas Hero, Casino Cruise, Kassu and Genesis Casino.
The watchdog is investigating two suspected breaches of the firm’s licence, relating to sections 116(2)(a) and 116(2)(c)(i)) of the Gambling Act. Genesis cannot offer its suite of top casino sites to UK customers while the investigation is ongoing.
It has now taken independent legal advice and promised to “vigorously appeal” the “disproportionate” measures taken by the UKGC.
“Genesis has expressed its extreme level of disappointed with this determination and outcome and is therefore firmly committed to complying with the Commission’s extensive range of regulations,” said the firm in a statement.
“This means Genesis will continue with its own existing compliance systems, policies and procedures, whilst also continuously improving upon them. This will ensure a responsible and safe gaming environment for all players, where Genesis is confident that this will be clearly reflected during the review process.”
Genesis added that the UKGC’s decision is “inconsistent with the Commission’s previous regulatory enforcement action in regard to other operators”, and promised use all available channels to mount an appeal.
18+ Full T&C's Apply. New players Only. £10 min deposit. £5 max bet using bonus. 40 x wagering applies. Bonus valid for 14 days. 30 Spins on pre-selected games will be credited instantly + then 30 per day for 9 days. Free Spins valid for 72 hours from credit. Max Free Spins winnings £100. Skrill + Neteller excluded. Always refer to Bonus Terms - www.begambleaware.org
18+ www.begambleaware.org | New customers only. Minimum deposit £10. 35x wagering requirement applies. Bonus will expire 30 days after opt-in. Real money will be used before your bonus money. Selected games won't count towards wagering. If you request a withdrawal of your cash before completing the wagering, your bonus funds will be cancelled. Further T&C's apply.
'Level ups' are achieved by gaining Frequent Player Points. Frequent Player Points are gained by playing casino games. Play on Live Casino contributes 10% of the Frequent Player Points of Slot Games. Players will recieve 1 spin on the Wheel of Rizk each time they level up T's and C's apply.
Opt in required. New customers to Casino page only. 1x per customer. Min. Buy in £10. Bonus value 100% of Buy in. Max. Bonus £300. 40x Wagering, Max Redeemable £4,000. 50 Free Spins with x35 wagering will be awarded after the Buy in Bonus is completed, Max Redeemable £1,000. Bonus expires after 7 days. Stake contributions, player, country, currency, game restrictions and terms apply.
Available through Nov 12, 2020 or until 10,000 offers claimed. Verified new casino accounts only. Bonus issued after verification; 7-day expiry; 50 redemption points required. Slots only, game contributions vary. £100 max win. Terms apply.