Boldwood Software
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GSC bars Boldwood Software owner from Isle of Man gambling roles indefinitely
The Isle of Man Gambling Supervision Commission has indefinitely prohibited Phua Cheng Wan, owner of Boldwood Software, from taking part in regulated gambling on the island. Boldwood surrendered its Isle of Man licence in May 2025 after receiving an enforcement report and notice; the GSC said its investigation found links between Phua and criminal networks, but it is bringing no charges. The ban may be lifted if Phua successfully petitions for its reversal.
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