Isle of Man Bans Boldwood Owner Over Criminal Links

Gambling Commission enforces compliance measures in licensing – Phua Cheng Wan blocked from Isle of Man regulated activities
U.K.- July 23, 2025 www.zonadeazar.com The Isle of Man Gambling Supervision Commission has banned Boldwood Software owner Phua Cheng Wan from engaging in regulated gaming activities due to alleged connections with criminal elements. This move reinforces the jurisdiction’s commitment to maintaining market integrity.
📌 Why It Matters: The industry observes tightening compliance and reputation checks for licensed gaming operators.
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