The decision was made because there was a change in corporate control of the operator following the sale of the club and the Commission said it was not satisfied that it would have granted the operating licence to the new owner.
Helen Venn, Commission Executive Director, said: “We regulate gambling in the public interest and to maintain public confidence in the industry. In doing this we must be provided with information about those who run or have significant interest in gambling businesses.
“We revoked this licence because we are not satisfied as to the source of funds (SOF) used to acquire and support the Licensee at the time of the change of corporate control or to whom future profits of the Licensee would be paid. We also identified concerns with the suitability of the new controller because of its unsatisfactory history in providing information requested as part of our enquiries.”
Subject to appeal the revocation takes effect on 18 November 2020.
Pragmatic Play, the content supplier to the iGaming industry, has enhanced its premium live casino…
Century Casinos is evaluating a strategic divestment of its Canadian properties, signalling a potential withdrawal…
Philippines gambling revenue experienced a setback in the second quarter of 2026, recording a sharp…
FeedConstruct, the global sports data and streaming provider, and the World Baseball Softball Confederation (WBSC),…
Bally's Chicago has halted construction on its hotel and entertainment complex, the project freeze stems…
New York sports betting achieved unprecedented revenue figures in July, sports betting gamblers experienced significant…