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  1. Public register
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  3. Sanction for Reynolds Simon Ashley

Reynolds Simon Ashley

Account number:
Decision date:
19 March 2024


Following a licence review of Mr Simon Reynolds’ Personal Management Licence (PML), the Commission determined the Licensee breached paragraph 1 of the general conditions attached to personal licences under Section 75 of the Gambling Act 2005 (the Act) between December 2019 and October 2020 and issued him with a warning under section 117(1)(a) of the Act. 

As the PML holder acting as UK Director of Compliance for licensed operators Ladbrokes Betting and Gaming Limited and LC International Limited (the “Operating Licensees”), responsible for the management of the Operating Licensees’ compliance functions in the UK, Mr Reynolds failed to take all reasonable steps to ensure that the way in which he carried out his responsibilities in relation to licensed activities did not place the Operating Licensees in breach of their licence conditions, namely: 

Ladbrokes Betting and Gaming Limited: 

  • Licence condition 12.1.1, paragraphs 2 and 3 – Anti-money laundering - Prevention of money laundering and terrorist financing 
  • Social responsibility code provision 3.4.1, paragraphs 1 and 2 – Customer interaction  

LC International Limited:  

  • Social responsibility code provision 3.4.1, paragraphs 1 and 2 – Customer interaction  

Mr Reynolds has been cooperative, open and transparent throughout our engagement with him. 

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