The UK regulator has handed out a penalty of £237,600 to AG Communications for anti-money laundering failures.
The UK Gambling Commission said the operator, which trades as Aspire Global and runs 66 websites, will also receive an official warning and have conditions added to its licence.
The AML breaches related to the operator being unable to show sufficient due diligence checks on six third-party businesses it had entered into white label partnerships with.
The UKGC said all operators entering white-label partnerships are “reminded of their obligations.”
The Commission has also issued an advice to conduct in respect of a number of other areas that were identified during the review.
