eshrag
11-29-2018, 07:51 AM
Gambling Commission says firms failed to thwart money-laundering and help problem gamblers
Three online casino firms have been fined £14m after the largest enforcement action by the Gambling Commission uncovered failings in systems designed to prevent money-laundering and protect problem gamblers.
The industry regulator ordered Casumo to pay a penalty package of £5.85m, while Videoslots will pay £1m in lieu of a financial penalty. Daub Alderney was hit with a fine of £7.1m, previously announced.
Continue reading... (https://www.theguardian.com/business/2018/nov/29/online-casinos-fined-14m-amid-watchdog-crackdown)
Three online casino firms have been fined £14m after the largest enforcement action by the Gambling Commission uncovered failings in systems designed to prevent money-laundering and protect problem gamblers.
The industry regulator ordered Casumo to pay a penalty package of £5.85m, while Videoslots will pay £1m in lieu of a financial penalty. Daub Alderney was hit with a fine of £7.1m, previously announced.
Continue reading... (https://www.theguardian.com/business/2018/nov/29/online-casinos-fined-14m-amid-watchdog-crackdown)