Results 1 to 20 of 20
  1. #1
    ddm
    ddm is offline Public Member
    Join Date
    July 2006
    Posts
    1,034
    Thanks
    382
    Thanked 436 Times in 264 Posts

    Default UKGC has suspended the license of Gibraltar-based online gaming operator Nektan

    The UK Gambling Commission has suspended the license of Gibraltar-based online gaming operator Nektan, whose UK-facing brands include Jackpot Mobile Casino and Cloud Casino, due to a breach of licensing conditions relating to section 118(2) of the Gambling Act 2005.
    The Commission is currently carrying out a section 116 review into the operator and as part of that investigation has come to the conclusion that it must immediately suspend the operator’s license.
    The regulator stated:

    "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."

    source

  2. The Following 2 Users Say Thank You to ddm For This Useful Post:

    celena (7 June 2021), ocreditor (3 May 2021)

  3. #2
    Mattbar's Avatar
    Mattbar is offline Private Member
    Join Date
    July 2015
    Location
    London
    Posts
    807
    Thanks
    64
    Thanked 575 Times in 339 Posts

    Default

    Nektan have already transferred their B2C business to Grace Media so this suspension does nothing in reality? Or am I missing something?

    Speaking to AM's of Grace Media brands they say it is business as usual.

  4. #3
    casionmark is offline Private Member
    Join Date
    November 2016
    Posts
    339
    Thanks
    299
    Thanked 102 Times in 77 Posts

    Default

    I think sun play is still on nektan
    TheSlotBuzz.com - UK Online Slots Guide

  5. #4
    Mattbar's Avatar
    Mattbar is offline Private Member
    Join Date
    July 2015
    Location
    London
    Posts
    807
    Thanks
    64
    Thanked 575 Times in 339 Posts

    Default

    Quote Originally Posted by casionmark View Post
    I think sun play is still on nektan
    All of the Nektan brands now say they are provided by Grace Media (i.e. the b2c license holder) and the software is provided by Nektan (b2b).

    "SunPlay casino is provided by Grace Media Limited, a company registered in the United Kingdom and licensed by the Gambling Commission (Licence Ref #56784) for customers in Great Britain. The gambling software is powered by Nektan UK Limited, licensed and regulated by the Gambling Commission under licence Ref #41645."

  6. #5
    casionmark is offline Private Member
    Join Date
    November 2016
    Posts
    339
    Thanks
    299
    Thanked 102 Times in 77 Posts

    Default

    Right. Maybe just be a handful of small white labels then.
    TheSlotBuzz.com - UK Online Slots Guide

  7. #6
    baldidiot is offline Private Member
    Join Date
    January 2010
    Posts
    4,343
    Thanks
    406
    Thanked 1,982 Times in 1,307 Posts

    Default

    They sold off the entire B2C arm didn't they: https://igamingbusiness.com/nektan-o...dministrators/

    Meaning they now only provide B2B services to Grace Media who then operate the B2C side.

    Wouldn't that mean that no one operates on the Nektan license any more?
    onlinegamblingwebsites.com - Formally known as goodbonusguide.

  8. #7
    Mattbar's Avatar
    Mattbar is offline Private Member
    Join Date
    July 2015
    Location
    London
    Posts
    807
    Thanks
    64
    Thanked 575 Times in 339 Posts

    Default

    Quote Originally Posted by baldidiot View Post
    Wouldn't that mean that no one operates on the Nektan license any more?
    That's how I see it. Which begs the question what is the point of suspending a license that no one is using anymore?

    Unless the UKGC want to make sure they can fine Nektan and individuals on past failings before the company doesn't exist anymore.

  9. #8
    Pokerface's Avatar
    Pokerface is offline Public Member
    Join Date
    August 2016
    Posts
    1,243
    Blog Entries
    1
    Thanks
    79
    Thanked 518 Times in 347 Posts

    Default

    Interesting news and responses. Certainly strange to suspend a license no casino is using however guess they are covering all their bases. Good to know to update info on our sites.

  10. #9
    PROFRBcom's Avatar
    PROFRBcom is offline Private Member
    Join Date
    April 2013
    Posts
    1,890
    Thanks
    1,370
    Thanked 1,096 Times in 707 Posts

    Default

    Quote Originally Posted by Mattbar View Post
    Unless the UKGC want to make sure they can fine Nektan and individuals on past failings before the company doesn't exist anymore.
    Beurocrats like to look busy, but not actually be busy.

  11. #10
    ddm
    ddm is offline Public Member
    Join Date
    July 2006
    Posts
    1,034
    Thanks
    382
    Thanked 436 Times in 264 Posts

    Default

    I guess you guys don't know the real **** going on at UKGC right now
    I'll dig out some cliffnotes in a bit for y'all.
    grab your popcorn.

    edit: seems we cannot upload images to the forum (what year is this?) - nevermind.
    Last edited by ddm; 30 April 2021 at 3:07 am.

  12. The Following User Says Thank You to ddm For This Useful Post:

    MMM (30 April 2021)

  13. #11
    baldidiot is offline Private Member
    Join Date
    January 2010
    Posts
    4,343
    Thanks
    406
    Thanked 1,982 Times in 1,307 Posts

    Default

    Quote Originally Posted by ddm View Post
    edit: seems we cannot upload images to the forum (what year is this?) - nevermind.
    Can paste it here: https://snipboard.io/ - no account needed, just generates a unique url for the image.
    onlinegamblingwebsites.com - Formally known as goodbonusguide.

  14. The Following 2 Users Say Thank You to baldidiot For This Useful Post:

    ddm (30 April 2021), gil.langelaan (7 May 2021)

  15. #12
    ddm
    ddm is offline Public Member
    Join Date
    July 2006
    Posts
    1,034
    Thanks
    382
    Thanked 436 Times in 264 Posts

    Default

    via Linkedin





  16. #13
    ocreditor's Avatar
    ocreditor is offline Private Member
    Join Date
    April 2009
    Location
    Israel
    Posts
    5,482
    Blog Entries
    1
    Thanks
    5,585
    Thanked 3,624 Times in 2,232 Posts

    Default

    Nektan is one of the worst companies I ever got to know, also never made a single pound from their brands and their white labels as well

  17. The Following 4 Users Say Thank You to ocreditor For This Useful Post:

    celena (7 June 2021), FreeSpins (3 May 2021), mickyfu (3 May 2021), rmeeuwsen (3 May 2021)

  18. #14
    mickyfu is offline Public Member
    Join Date
    February 2013
    Posts
    533
    Thanks
    82
    Thanked 393 Times in 232 Posts

    Default

    Quote Originally Posted by ocreditor View Post
    Nektan is one of the worst companies I ever got to know, also never made a single pound from their brands and their white labels as well
    A data harvesting company who use the guise of a white label casinos to harvest casino players data for free via their white label "casinos". Would sum up your experience?

    I for one sure hope this is the end of these parasites.

  19. The Following User Says Thank You to mickyfu For This Useful Post:

    ocreditor (4 May 2021)

  20. #15
    ocreditor's Avatar
    ocreditor is offline Private Member
    Join Date
    April 2009
    Location
    Israel
    Posts
    5,482
    Blog Entries
    1
    Thanks
    5,585
    Thanked 3,624 Times in 2,232 Posts

    Default

    Quote Originally Posted by mickyfu View Post
    A data harvesting company who use the guise of a white label casinos to harvest casino players data for free via their white label "casinos". Would sum up your experience?

    I for one sure hope this is the end of these parasites.
    Excellent wording of the experience !

  21. #16
    Mattbar's Avatar
    Mattbar is offline Private Member
    Join Date
    July 2015
    Location
    London
    Posts
    807
    Thanks
    64
    Thanked 575 Times in 339 Posts

    Default

    Quote Originally Posted by mickyfu View Post
    I for one sure hope this is the end of these parasites.
    The B2C arm was sold to Grace Media (Active Win) and the B2B arm to Real-Time Strategic Marketing Limited and rebranded as Markor Technology. Therefore I think Nektan are about as dead as they can be, I'm not sure what they could do as a company now.

  22. #17
    spartikkhlink's Avatar
    spartikkhlink is offline Private Member
    Join Date
    April 2021
    Location
    Ukraine
    Posts
    44
    Thanks
    7
    Thanked 6 Times in 6 Posts

    Default

    did not pay any amount, so they suspended

  23. #18
    gil.langelaan's Avatar
    gil.langelaan is offline Private Member
    Join Date
    July 2018
    Location
    Johannesburg
    Posts
    773
    Thanks
    88
    Thanked 257 Times in 198 Posts

    Default

    Quote Originally Posted by baldidiot View Post
    Can paste it here: https://snipboard.io/ - no account needed, just generates a unique url for the image.
    Thanks!
    It looks really convenient. Didn't know about this tool before

  24. #19
    ocreditor's Avatar
    ocreditor is offline Private Member
    Join Date
    April 2009
    Location
    Israel
    Posts
    5,482
    Blog Entries
    1
    Thanks
    5,585
    Thanked 3,624 Times in 2,232 Posts

    Default

    I guess it's connected, Nektan The Sun Play is closing

  25. #20
    celena's Avatar
    celena is offline Private Member
    Join Date
    July 2008
    Posts
    1,766
    Blog Entries
    1
    Thanks
    3,683
    Thanked 2,199 Times in 1,064 Posts

    Default

    Quote Originally Posted by ocreditor View Post
    Nektan is one of the worst companies I ever got to know, also never made a single pound from their brands and their white labels as well
    You are right, I had put casinos, it was a disaster!

  26. The Following User Says Thank You to celena For This Useful Post:

    ocreditor (7 June 2021)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •