The Isle of Man Gambling Supervision Commission (GSC) has levied a significant monetary sanction of £3.9 million against Celton Manx Limited, the authorised operator behind the well-known betting brand SBOTOP. This follows the outcome of a formal investigation into the company’s anti-money laundering (AML) and counter-terrorism financing (CFT) procedures. The findings, released in early July 2025, point to multiple serious breaches of the Isle of Man’s regulatory standards designed to prevent financial crime in the gaming sector....
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iGaming News, Laws
May 16, 2025
TGP Europe drops licence after £3.3M regulatory penalty
TGP Europe, once a prominent player in the United Kingdom's regulated gambling sector, has surrendered its operating licence following an ultimatum from the UK Gambling Commission (UKGC). The company, which...