The U.K. gaming regulator is inspecting the anti-money laundering programs of 17 online casino operators after uncovering “serious” issues that analysts said pertain to the firms’ compliance with decade-old rules.
The United Kingdom's Gambling Commission entered into a regulatory settlement with the Gibraltar-based online casino that requires the company to pay a £2 million penalty for money laundering failures and failure to protect a consumer from gambling-related harm.
June 21, 2018