£6m fine for online gaming operator Gamesys
11 months, 1 week ago

£6m fine for online gaming operator Gamesys

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Online gaming operator Gamesys has been fined £6 million for social responsibility and anti-money laundering failures, the regulator said. Its failures included only contacting one customer once they had lost almost £10,000 and carrying out just one “responsible gambling interaction” with a consumer who lost £19,709 over five months. Gambling Commission executive director of operations Kay Roberts said: “Our focus as a regulator is to ensure that operators are employing policies and procedures which make gambling fair, safe and crime-free. “We take this responsibility extremely seriously and whenever we find failures in policies and procedures then the business can expect significant regulatory action.” Gambling with Lives co-chairwoman Liz Ritchie said: “We know of three families who have lost people they will mourn for the rest of their lives because of the failings of this one company, and this is no doubt the tip of an iceberg.

History of this topic

Owner of Ladbrokes and Neds sued for alleged anti-money laundering failure
1 week ago
Online gambling firm In Touch Games has licences to operate in Britain suspended
1 year, 3 months ago
Anti-money laundering watchdog probes online gambling giants Sportsbet and Bet365
2 years, 1 month ago
Entain to pay £17m after failing to meet rules on safer and crime-free gambling
2 years, 4 months ago
Online gambling business 888 fined £9.4m
2 years, 9 months ago

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