The Gambling Commission (GC) has suspended Tom Horn Gaming’s licences after ruling the slots supplier breached the Licence Conditions and Codes of Practice (LCCP).
The ruling, dated 8 September, noted the regulator had suspended the firm’s gambling software and game host (casino) licences.
Tom Horn Gaming, which was initially founded as Tom Horn Enterprise in 2008 before rebranding in 2016, was awarded the pair of permits in October 2017.
The GC said Tom Horn Gaming had breached four sections of the LCCP related to: General and regulatory; reporting key events; qualified persons – qualifying position; and technical standards.
The GC did not lay out what specific shortcomings within those sections it had deemed to have found.
General and regulatory returns links to providing information to the GC and also submitting quarterly regulatory returns.
Reporting key events pertains to an event that “could have a significant impact on the nature or structure of a licensee’s business”.
Should an individual be listed as a qualified person or step down from that position, the GC must be notified.
The technical standards requirement 2.3.1 means licensees must comply with the GC’s framework relating to the “timing and procedures for testing.
The regulator also founded Tom Horn Gaming failed to comply with ordinary code 8.1.1, which although not a LCCP requirement, is viewed as good practice by the GC.
Code 8.1.1 reads: “As stated earlier in this code, the Commission expects licensees to work with the Commission in an open and cooperative way and to inform the Commission of any matters that the Commission would reasonably need to be aware of in exercising its regulatory functions.
“These include in particular matters that will have a material impact on the licensee’s business or on the licensee’s ability to conduct licensed activities compliantly and consistently with the licensing objectives.”
The GC said it found these breaches following a review of Tom Horn Gaming’s operating licence.
The Tom Horn Gaming website does not display the UK under its list of regulated markets that it operates in.
A timeline of the company’s history on its website lists the award of its GC licence in 2017 as a milestone, a year after its rebrand when it got a Malta Gaming Authority licence.
A GC statement read: “In line with the Commission’s licensing, compliance and enforcement policy statement, the indicative sanction guidance and the statement of principles for determining financial penalties, the Commission has decided to suspend the licensee’s operating licence under section 117(e) and section 118(1) of the Act.”
EGR has contacted Tom Horn Gaming for comment.
The post Gambling Commission suspends Tom Horn Gaming licences first appeared on EGR Intel.
Regulator finds breaches of the LCCP and ordinary code following licence review of the slots supplier, which first received permits from regulator in 2017
The post Gambling Commission suspends Tom Horn Gaming licences first appeared on EGR Intel.