It's Official: Genesis Global Has Exited the UK Market

Brett C. - December 6, 2022
Graph decline

The Chief Executive Officer of Genesis Global, Ariel Reem, has stepped down from his position. As a result, Genesis Global will leave the United Kingdom market in December 2022. This surprising news means that more than a dozen active sites in the UK will no longer accept new players.

Genesis Global casino sites will look a whole lot different in 2023. At least from the UK perspective, that is. This is because no more UK players can register at any of the 14 Genesis Global casinos online. This comes hot on the news that the company's CEO, Ariel Reem, has stepped down from his position.

Players attempting to register at this company's UK brands will be met with the following type of response:

You are trying to register from a country we do not accept bets from. We will not be able to proceed with your registration.

Genesis Global confirmed in a written statement to all interested parties that it would promptly shutter all of its UK casino sites on Tuesday, December 6 2022. However, players have until December 30, 2022, to withdraw any remaining balance or winnings in their accounts. Based on information gathered from the UKGC (United Kingdom Gambling Commission), Genesis Global currently operates the following 14 sites in the United Kingdom:

Additionally, Genesis Global's corporate website is unavailable.

Mismanagement and Rampant Violations

Before Reem stepped down as CEO Genesis Global, the company was fined £3.8 million by the GBGC. This is a result of money-laundering failures and social responsibility issues being uncovered. In July 2020, the company's licence was suspended while its operations were reviewed. The GBGC scrutinised potential violations of section 116(2)(a) and section 116(2)(c)(i) of the Gambling Act. Genesis Global appealed the decision, and the suspension was lifted in October 2020. The review continued. After the GBGC completed the analysis, various breaches were uncovered, including social responsibility codes of practice, customer interaction issues, and violations in terms of the identification of customers.

Ariel Reem Steps Down as CEO of the Company

On Monday, December 5 2022, Reem updated his LinkedIn pageconfirming that he had vacated his role as CEO of Genesis. He has been responsible for leading the company since its inception in 2014. According to his LinkedIn profile, he left his post in November 2022. However, Reem provided no further details regarding his departure, and nothing about the GBGC registrations was disclosed.

Reem offered some behind-the-scenes commentary into what comes next,

It is time to move on to the next challenge/adventure. How to summarise eight years when building it from scratch? Over the years, I saw how employees turned ideas into reality and overcame impossible or challenging tasks with perseverance and passion. One of the most rewarding aspects of my role has been witnessing people develop themselves and, many times, breaking through their perceived boundaries. To this end, I was and still am inspired by all of you. I hope to see you around.

Before he joined Genesis Global, he was the head of retention & internal marketing for CRM at Mansion. Then he became the director of marketing operations. Early in his illustrious career, he served as a marketing planning & strategy manager for Orange Telecom for three years.

Important Notice

By visiting this site, you certify that you are over 18 years old, and you are giving your consent for us to set cookies. We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. Read More