The Gambling Commission (UKGC) has initiated a formal review of Evolution’s licence due to possible linkages to unlicensed operators.
According to an Evolution release, the review, which is a significant regulatory step, was sparked by worries about Evolution’s games being available to UK customers via operators who do not hold a UKGC licence.
According to the UKGC, the review’s results could lead to a variety of consequences.
The conceivable results include no further action, the application of licence conditions or financial penalties, and the suspension or termination of Evolution’s operating licence.
Evolution, which was recently fined in Pennsylvania, has aggressively addressed the Commission’s concerns. The company stated that it is completely cooperating with the investigation and has already taken some corrective measures to resolve the problem.
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Meanwhile, the provider stated that it had disabled access to its games on websites identified as missing a UKGC licence, but did not specify which sites were affected. The organization further emphasized its commitment to fixing the issue and being in accordance with regulatory regulations.
While the UK market accounts for only about 3% of Evolution’s total sales, the probe might have far-reaching ramifications for the company’s brand and operations.
The global gambling behemoth is best renowned for its cutting-edge live casino offerings. Any regulatory action taken by a large body, such as the UKGC, has the ability to influence its position in other jurisdictions.
Increasing oversight
The development occurs at a time when regulatory monitoring of the gaming sector is increasing worldwide. Authorities in many locations are enforcing stronger regulations to ensure that operators meet license criteria and promote responsible gambling.
The UK, in particular, has been in the forefront of these efforts, with the UKGC regularly reviewing operators to guarantee compliance with its criteria.
Last month, Gambling Commission CEO Andrew Rhodes reinforced the oversight. He asked operators to rigorously evaluate their supplier partners to avoid unintentionally assisting illegal gambling activity.
Rhodes also stated that thorough diligence is critical in avoiding links to the unregulated gaming business.
“The Commission’s approach to combating illegal gambling focuses on causing significant upstream disruption.” This is why we are targeting companies including as internet service providers, payment processors, search engines, software suppliers, and others,” Rhodes stated at the Commission’s annual meeting with gaming sector executives.
Despite this call to action, some operators and other industry experts raised alarm about the notion, claiming that it would be extremely difficult for operators to monitor the behavior of their B2B partners.
Representatives from trade organizations in Germany and Sweden shared this sentiment, claiming that the regulator, not the operators, is responsible for ensuring that all parties comply with the licensing criteria in their particular markets.
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