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Business
January 21, 2025
Isle of Man GSC Appoints Mark Rutherford as Permanent CEO
The Isle of Man Gambling Supervision Commission (GSC) named Mark Rutherford its permanent chief executive officer. According to his new position, Rutherford will be responsible for the upkeep of the island’s regulatory framework for gambling and medicinal cannabis while guaranteeing complete integrity and transparency for these sectors and protecting consumers as well as the island’s […]
Casino
December 23, 2024
Isle of Man Issues $870K Penalty to Betsson Subsidiary
BMO Manx has been targeted in a comprehensive move by the Isle of Man’s Gambling Supervision Commission, which is the gambling regulator in the jurisdiction. The gambling regulator has fined the company $870,000 or £700,000. BMO Manx Hit with Penalty in Isle of Man According to the watchdog, BMO Manx has had shortcomings in its […]
Industry
December 11, 2024
Isle of Man Revokes Supplier’s License over Stolen Data Incident
The Isle of Man Gambling Supervision Commission announced that it has revoked the license of Metagrow Solutions over its director’s links with cybercrime. Originally suspended on November 12, the license was then officially canceled on December 6. Metagrow’s Director Was a Part of Dealings with Stolen Data Metagrow Solutions is an online gaming software company […]
Industry
October 31, 2024
Isle of Man Regulator Responds to UN’s Laxity Accusations
Isle of Man’s Gambling Supervision Commission (GSC) has responded to a UN report that accused it of relaxed licensing practices. While the report suggested that the commission has allowed Asian criminals to exploit the licensing system for cyber fraud, the GSC said that its team remains vigilant. The GSC Refuted the Laxity Claims Mark […]
Industry
October 28, 2024
Isle of Man Stops 3K Underage Users from Gambling
The regulatory body responsible for the governance of all gambling activities on the Isle of Man and recognizable international regulator in remote gambling, the Gambling Supervision Commission (GSC), released the results of a new study. The survey report was administered to the country’s 35 license holders offering services under the Online Gambling Regulation Act 2001. […]
Industry
October 7, 2024
CyberHorizon Slapped with Fine by GSC for AML, CTF Failures
The Isle of Man Gambling Supervision Commission (GSC), which is responsible for regulating most forms of gambling in its territory including land-based and online gambling services, has levied a £140,000 ($184,000) fine on CyberHorizon Limited. Multiple AML and CTF Violations The fine came as a result of the commission uncovering multiple violations of anti-money laundering […]
Industry
September 20, 2024
SolutionsHub Helps Evolution Get Isle of Man Software Supplier License
Leading business-to-business solution provider for casino operators offering live casino, live game shows, and slots, Evolution, has expanded its services in the Isle of Man with the help of a new software supplier license issued by the authorities in the jurisdiction. The software supplier software license was obtained with support from eGaming consultancy SolutionsHub, a […]
Industry
July 25, 2024
Isle of Man Gambling Regulator Cancels Two Licenses
The independent statutory body established to govern all gambling activities on the Isle of Man and recognizable iGaming regulator, the Isle of Man Gambling Supervision Commission (GSC), announced tough regulatory actions against two companies that held a license in the country. On Wednesday, the gambling watchdog confirmed the cancellation of the license for King Gaming […]
Business
July 11, 2024
Isle of Man Regulator to Part Ways with CEO Steve Brennan
Steve Brennan announced that he will be stepping down as chief executive officer of the Isle of Man Gambling Supervision Commission (GSC) after almost two decades in the position. He confirmed that his departure will come toward the end of 2024. Brennan boasts some 38 years in the Isle of Man Government, the last 17 […]
Business
April 9, 2024
Entain’s Stock Soars as Private Equity Firms Eye Potential Breakup
Entain, the parent company of renowned betting firms Ladbrokes and Coral, witnessed a surge in its stock prices following reports of potential interest from private equity giants like Apollo and CVC Capital. The speculations about a prospective breakup of Entain have been rife, fueled by recent announcements regarding a formal review of the company’s structure […]
