2022 Wasn’t a good year for Genesis. In January the UK Gambling Commission suspended their gaming license in addition to a €4.500.000 fine for social responsibility and money laundering failures. It’s the second time Genesis has their UKGC license suspended which explains the heavy fine they received.
In the beginning of December Genesis Global announced that it will leave the UK market. At the same time their chief executive also left his post. Only about two weeks later they filed for insolvency.
The Maltese government published a statement, saying that it will help to find alternative jobs for all employees that lost their job at Genesis. The iGaming industry is quite big in Malta. So it shouldn’t be too hard for the employees to find a new job in the same industry.
Genesis was operating 18 online casino sites: Genesis Casino, Kassu, Sloty, Casino Joy, Casino Cruise, Casino Gods, Spinit, Vegas Hero, Spela, Pelaa, Casoola, Casino Planet, Casino Dome, GenesisCasino ES, Casino Lab, Vegasoo, Playerz and Casino Masters.
All of these sites closed and you can’t even reach them anymore.