TOP STORY

Oct

26

Excluded from Mainstream Payment Channels, Illicit Adult Websites Turn to Gift Cards

Backpage.com CEO Carl Ferrer, center, appears in Sacramento Superior Court on Wednesday, Aug. 23, 2017. Payment channels for illicit adult websites have dwindled in the two-and-a-half years since Ferrer pleaded guilty to prostitution and money laundering. (Getty Images)

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Legs & Regs

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Enforcement Actions

The U.K. Gambling Commission entered into a regulatory settlement with the Guernsey-based online gambling operator that requires it to pay £2 million to support the National Strategy to Reduce Gambling Harms in lieu of a financial penalty, as well as address anti-money laundering deficiencies.
The United Kingdom's Gambling Commission issued a public statement outlining the anti-money laundering and social responsibility failures of the London, England-based gambling business.