The UK Gambling Commission has suspended the operating licenses of Smart TV Broadcasting Ltd pending a review of the company’s suitability to continue offering online gambling services.

On Friday, the UKGC announced it had commenced a review of Smart TV under section 116 of the Gambling Act 2005 based on the regulator’s belief that the operator is “unsuitable to carry on the licensed activities (section 120(1)(d) of the Act).”

While the review is underway, the UKGC said it was suspending Smart TV’s combined remote operating license and general betting standard operating license. The UKGC said the suspension was an interim measure, “the need for which will be kept under consideration whilst the review takes place.”

The UKGC ordered Smart TV to settle any outstanding winning bets and return any outstanding balances to customers. The UKGC acknowledged that “there are currently customers who have outstanding balances in their accounts with the operator. Regrettably, at this point we have no further information on the position of customer funds.”