Sheriff Gaming has had its B2B license suspended by the Alderney Gambling Control Commission (AGCC) until a hearing on the 29th October in London and has told the company it must cease trading and offering their online gaming services until that time.
The suspension follows raids by Dutch police into Sheriffs parent company the Bubble Group and its owners for suspected drug dealing, illegal gambling operations and money laundering. The iGaming Post reported exclusively at the time (see report) the raids taking place and confiscating properties, vehicles and bank accounts.
The Dutch firm supplies services to operators such as Betsson, Bet 365, Gala Coral, Unibet, Microgaming BetClic and many other, but will now have to suspend these services until the hearing takes place and a final decision on the B2B license is made.
It is a major blow to Sheriff Gaming and observers question if the company can return after such serious allegations even if they have their license restored, also will so many high profile customers as the company has want to be associated with them after such an investigation? It is very bad times at present for a company that was doing so well.