The Gambling Commission has decided to suspend the operating licence of Nektan (Gibraltar) Limited

The Gambling Commission has decided to suspend the operating licence of Nektan (Gibraltar) Limited

The Gambling Commission has decided to suspend the operating licence of Nektan (Gibraltar) Limited – Operating Licence Number 000-039107-R-319400-015 – pursuant to section 118(2) of the Gambling Act 2005 (the Act).

The suspension follows an ongoing section 116 review into the operator, as we suspect Nektan (Gibraltar) Limited has breached conditions of its licence, that it is unsuitable to carry on the licensed activities, and that the licensed activities are being or have been carried on in a manner which is inconsistent with the licensing objectives. We therefore consider it appropriate to suspend the licence with immediate effect pending the conclusion of the review or until such time as the operator can satisfy the Commission it is operating compliantly.

The licence suspension, effective from 27 April 2021, makes it illegal for Nektan (Gibraltar) Limited to offer gambling services via its websites which are listed on the Commission’s public register.

We have made it clear to the operator that it must communicate effectively with its customers and that the suspension does not prevent it paying out winnings.

The Gambling Commission will not comment any further whilst this investigation is ongoing.

Origin Source: official website Gambling Commission

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