Betway to pay £11.6m for failings linked to 'VIP' customers 12 March 2020 Online gambling business Betway is to pay £11.6m for a series of social responsibility and money laundering failings linked to dealings with seven of its high spending customers.
Interim suspension of operating licence – Stakers Limited trading as Stakers 05 March 2020 We have commenced a review under section 116 of the Gambling Act 2005 (the Act) and, under section 118 of the Act
Mr Green to pay £3m for regulatory failures 27 February 2020 Mr Green is the ninth gambling business to face action as part of a regulator probe that has led to more than £20m in penalty packages since 2018.
Lessons from MaxEnt Limited’s licence revocation - change of corporate control and source of funds concerns 27 January 2020 Operators are being reminded of the importance of being able to prove to the Gambling Commission legitimate source of funds when acquiring or investing in gambling businesses.
Petfre to pay £322,000 for money laundering failures 10 October 2019 An online gambling operator will pay £322,000 for money laundering failures.
£1.8m fine for Silverbond Enterprises 11 September 2019 A land-based casino has received a £1.8m fine, an operator licence warning and had additional conditions added to its license for social responsibility and money laundering failings.
Suspension of operating licence - EveryMatrix Software Limited 05 September 2019 The Gambling Commission has instigated a review under s116 of the Gambling Act into EveryMatrix Software Limited (operating licence no 039383-R-319384-021). This followed compliance activity which included examining its customer interaction framework.
Review into FSB Technology (UK) Limited 22 August 2019 Due to regulatory concerns, the Gambling Commission has instigated a review under s116 of the Gambling Act into FSB Technology Limited.
Ladbrokes Coral Group to pay £5.9m for past failings in anti-money laundering and social responsibility 31 July 2019 Systemic failings at the Ladbrokes Coral Group has led to a penalty package including a series of improvement measures that must be implemented by new owner GVC and a £5.9m payment,
On course bookies face licence reviews 30 July 2019 Seven bookmakers are having their licence to offer gambling reviewed after allowing a 16-year-old to place a bet.