Posts From: April 2020

Ceasers to pay record £13m UKGC fine over VIP and AML failings

The UK Gambling Commission has announced that Caesars Entertainment UK Limited is to pay £13m and must implement a series of improvements following a catalogue of social responsibility, money laundering...

Regulation
Kindred Group subsidiary fined SEK100m for bonus breach

Kindred Group has received a warning and sanction fee in the sum of SEK 100 million from the Swedish Gambling Authority for offering incentives in early 2019 in a way...

Regulation
Betway hit with record £11.6million fine

Betway is to pay £11.6m, alongside implementing a package of measures, for a series of social responsibility and money laundering failings linked to dealings with seven of its high spending...

Regulation
Enlabs CEO responds to Swedish Gambling Inspectorate warning

The Swedish Gaming Inspection has awarded Enlabs a warning because the company did not start to run gaming operations under its Swedish gaming license. “The Gaming Inspectorate’s decision to grant...

Regulation
Mr Green to pay £3m UKGC fine for AML and regulatory failings

Mr Green is to pay £3m as part of the Gambling Commission’s targeted investigation into online casinos. Mr Green is the ninth gambling business to face action as part of a...

Regulation
EGBA react to Germany’s New Gambling Regulations

The European Gaming and Betting Association (EGBA) has outlined several recommendations aimed at improving the proposals for a Third State Treaty on gambling, ahead of a stakeholder meeting organised by...

Regulation
Ladbrokes and Neds fined by New South Wales gaming commission

In the biggest ever fine of its kind in NSW, Ladbrokes and Neds were yesterday convicted and ordered to pay a total of $207,500 for offering illegal gambling inducements to...

Regulation
MGA issues €2.3m fine to Blackrock media

Blackrock Media Limited has paid a total financial penalty of €2.34 million to the Malta Gaming Authority for operating a gaming service through a Maltese legal entity without being in...

Regulation
KSA issues €3.5m worth of fines in 2019

The Dutch Gaming Authority (Ksa) imposed fines of 3.5 million euros in 2019. Ten administrative fines were imposed in connection with the offering of online games of chance to Dutch...

Regulation
Befred fined £322,000 for money laundering failures

Betfred will pay £322,000 for money laundering failures. Petfre (Gibraltar) Limited, trading as Betfred, will make the payment following an investigation by the UK Gambling Commission. The investigation revealed the...

Regulation