Summary
SBObet’s parent company, Celton Manx, has officially surrendered its online gambling license in the Isle of Man as of the 9th of May. The company is now removed from the Isle of Man Gambling Supervision Commission’s register of licensees and has not provided any explanation for this move. This decision adds to a trend of reputable gaming companies relocating or withdrawing from the Isle amid a shifting regulatory landscape.
Websites associated with Celton Manx, including SBObet.com, now lack the mandatory Isle of Man gambling license seal. This significant withdrawal further shakes the confidence in the Isle of Man as a reliable jurisdiction for eGaming, particularly following a series of scandals and increased scrutiny in the industry.
Key Points
- SBObet’s parent company, Celton Manx, has surrendered its Isle of Man online gambling licence.
- The surrender took place on 9th May; the company is no longer listed among the active licensees.
- Websites operated by Celton Manx have removed references to the Isle of Man gambling licence.
- This follows a trend of other operators, like 188BET, also surrendering their licences in the same jurisdiction.
- The Isle of Man’s eGaming industry is facing a crisis with recent scandals and increasing regulatory scrutiny.
Why should I read this?
If you’re into online gaming or just intrigued by the industry’s evolving landscape, this article is a must-read. It captures a critical turning point for SBObet and reflects broader shifts impacting the Isle of Man’s reputation as a gaming hub. By staying in the loop, you’ll understand the future implications of these moves for players and companies alike.
