Akitt Richard Howard
Following a licence review, the Commission decided to issue Mr Richard Akitt with a warning under section 117(1)(a) of the Gambling Act 2005 (the Act).
The reason for this decision was because, as a Personal Management Licence holder employed by Betway Limited as CEO, and subsequently as Chairman, Mr Akitt failed to take reasonable steps to ensure:
- Betway had appropriate policies, procedures, and controls to prevent money laundering and terrorist financing in breach of licence condition 12.1.1 and 12.1.2.
- Compliance with the requirements of social responsibility code provision 3.4.1 (Customer interaction) relevant at the time of the failings.
In reaching our decision we concluded that Mr Akitt was not solely accountable for the failings within the business.
Mr Akitt has been open and transparent throughout our engagement with him.