The Isle of Man Gambling Supervision Commission (GSC) has cancelled the online gambling licenses of King Gaming Limited and Dalmine Ltd.
The cancellation of both licenses was announced by the GSC in separate statements released on the 24th of July and is effective immediately.
It comes in the wake of the ongoing criminal investigation into the operator that saw police raids carried out on various Isle of Man properties back in April of this year.
The GSC stated that “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.” And that the Commission continues to liaise with partner agencies regarding aspects of Dalmine’s and King gaming’s affairs.
King Gaming was a prominent eGaming industry name on the Isle of Man, and the company was in the process of building a new headquarter on the island when police swooped in. All on-island activities seem to have stopped since and no further statements have been issued by the police or any other authorities into the ongoing investigation since.