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April 30, 2021, 6:31 am · The UK Gambling Commission (UKGC) has suspended the remote B2C license of online gambling firm Nektan (Gibraltar) Limited and has launched a review into the operator’s activities, saying it is believed to have breached conditions of its license. The license suspension became effective from April 27, 2021, according to a message on UKGC’s official website. This means that it is now illegal for Nektan to provide online gambling services via its UK-facing gaming sites. The now suspended license allowed the operator to provide Inter...

Gambling Commission suspends Nektan’s operating licence 29th April 2021 | By Daniel O'Boyle The Gambling Commission has suspended the remote operating licence of Nektan (Gibraltar), the British-facing B2C arm of the gambling business that was sold by administrators in early 2020. The B2C Nektan business was licensed to operate remote bingo and casino at sites. The Gambling Commission said it believed Nektan “has breached conditions of its licence”. The regulator added that it suspected the business was “[…] unsuitable to carry on the licensed activities, and that the licensed acti...

In a panel session moderated by sports and gambling lawyer Vidushpat Singhania, the duo outlined how the market has developed so far, what challenges it faces and what opportunities can be identified for the future. India’s horse racing industry has been deeply affected by the COVID-19 pandemic. However, the speakers argued that in some ways this had opened up new opportunities for online gaming. In addition, the market opportunities presented by the country’s large population was highlighted, as was the importance of identifying and combating fraud. “COVID-19 basically changed the gam...