BetVictor hit with £2m UKGC fine
BV Gaming Limited, trading as BetVictor, will pay a total of £2m after a Gambling Commission investigation revealed fairness, social responsibility, and money laundering failures.
The operator – which runs betvictor.com, betvictor.mobi, hbingo.co.uk, heartbingo.co.uk and parimatch.co.uk – will pay the money as part of a settlement with the Commission.
Settlement money will go to the National Strategy to Reduce Gambling Harms.
Leanne Oxley, Gambling Commission Director of Enforcement, said: “As a gambling regulator our focus is on ensuring that gambling in Britain is fair, safe and crime-free, and BetVictor failed consumers by breaching rules aimed at achieving these objectives.
“Non-compliance – no matter what the reason – will never be a viable business option for gambling businesses. We will always be tough on operators who fail in this way.”