Celton Manx exits Isle of Man as eGaming licence surrenders surge in 2025
Celton Manx, a major eGaming operator, has surrendered its online gambling licence on the Isle of Man. The company, which runs the global sports betting brands SBOBet and SBOtop, confirmed the move on May 9. This decision comes as the island prepares for a critical financial assessment that could shape its future in the industry. The Isle of Man Gambling Supervision Commission (GSC) formally accepted Celton Manx’s licence surrender earlier this month. The operator had held its licence since 2008 under the Online Gambling Regulation Act. However, its websites no longer display the Isle of Man’s licensing seal, and reports suggest its live casino may have closed due to staff shortages.
Celton Manx’s departure follows a wider trend of operators leaving the jurisdiction. So far in 2025, 13 companies have given up their licences, reducing the GSC’s expected total to 109 for the 2025-26 financial year—down from an earlier forecast of 148. The regulator has linked the decline to fewer successful licence applications and ongoing fallout from the 2024 King Gaming investigation. Bill Mummery, Celton Manx’s CEO, acknowledged the licence surrender but did not explain the reasons behind it. The company’s exit adds to growing uncertainty in the Isle of Man’s eGaming sector, particularly as it faces an upcoming MoneyVal evaluation.
The loss of Celton Manx marks another setback for the Isle of Man’s gambling industry. With fewer active licences and an impending financial review, the jurisdiction’s position as a hub for eGaming could face further challenges. The GSC has already adjusted its projections, reflecting a shrinking operator base.
