The Kent-based Lottery England Limited held a non-remote external lottery manager licence, meaning that it could manage lotteries and provide lottery services for charities and local authorities.
However, the regulator said that it had “concerns that activities may have been carried out contrary to the Act, not in accordance with conditions of their licence”.
As a result, it said the business “may be unsuitable to carry on the licensed activities.”
The Gambling Commission’s licence conditions for lotteries emphasise that they may not be run for commercial gain and fees are due every year.
Last month, the Commission suspended the regulatory licence of Nektan (Gibraltar), the British-facing B2C arm of Nektan, which was sold by administrators last year as it conducted a review into its licence.
In 2020, the original Nektan business went into administration, with the UK B2C arm sold to Grace Media, part of the Active Win Group.