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  1. Public register
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  3. Sanction for 32Red Limited
Sanction

32Red Limited

Account number:
39430
Decision date:
25 January 2023
Outcomes:
Conditions attached to the licence, Financial penalty and Warning

Details

Following a review of the operating licence undertaken against 32Red Limited (the Licensee), the Commission found that the Licensee: 

  • Breached paragraphs 2 and 3 of licence condition 12.1.1. Anti-Money Laundering (AML) – Prevention of money laundering and terrorist financing.
  • Breached paragraph 1 of licence condition 12.1.2 - AML - Measures for operators based in foreign jurisdictions.
  • Failed to comply with paragraphs 1 and 2 of social responsibility code of practice (SRCP) 3.4.1 - Customer Interaction.

In line with the Commission’s Licensing, compliance and enforcement policy statement, the Indicative sanctions guidance and the Statement of principles for determining financial penalties, the Commission has decided to: 

  • Impose a warning under section 117 (a) of the Gambling Act 2005 (the Act)
  • Impose a financial penalty of £4,195,655.

The Licensee co-operated with the Commission throughout the investigation and took corrective steps to address the identified failings. 

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