A gambling operator is to pay £3m as part of the UK Gambling Commission’s targeted investigation into online casinos.
Mr Green is the ninth gambling business to face action as part of a regulator probe that has led to more than £20m in penalty packages since 2018. Since the enforcement activity began six operators have surrendered their licences and can no longer transact with consumers in Britain.
During the course of investigations into the nine most serious operating licence cases the Commission examined the actions of 22 individual Personal Management Licence holders. Of these, six surrendered their licence, six received a formal warning, one received an advice to conduct, seven are still ongoing and no further action was taken against two.
As part of today’s penalty package Mr Green will pay £3m to the National Strategy to Reduce Gambling Harms because it failed to have effective procedures aimed at preventing harm and money laundering.
