King Gaming’s license suspended due to investigation

King Gaming’s license suspended due to investigation

Added:
King Gaming’s license suspended due to investigation

The Isle of Man-licensed company King Gaming was not allowed to operate its gambling services.  

The local Gambling Supervision Commission started a criminal investigation involving enterprises under the jurisdiction of the Isle of Man‘s gambling regulator, which led to the suspension. Until the commission has completed the investigation, it has chosen to revoke King Gaming’s license as a precaution.

Two divisions make up King Gaming’s company. Business-to-consumer transactions are handled by King Gaming Ltd. Technology and operations support for the gambling services are provided by Dalmine Ltd., the other component (business-to-business).  Both parts’ licenses were suspended.

King Gaming intended to invest and expand significantly in the Isle of Man. In the nation’s capital, they were even constructing an innovative technology complex. However, these preparations have been put on hold due to the license suspension.

The Isle of Man police intervened prior to the license suspension. As part of their inquiry, they allegedly detained some people and utilized armed officers. Since the investigation’s specifics are yet unknown, the authorities are being cautious and have suspended the licenses until further notice.

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