Gambling regulators in Europe and the United Kingdom had a busy first quarter, with the UK Gambling Commission (UKGC), Swedish Gambling Authority (Spelinspektionen) and the Netherlands' Kansspelautoriteit issuing sanctions to thirteen online and land-based gambling operators - which included financial penalties and warnings.
Total Fines in first Quarter of of 2021: £24,226,960 / $33,505,885
The largest financial sanctions in 2021 came when the UKGC fined online casino firm Casumo £6,000,000 ($8.2M) in March for breaching anti-money laundering rules and failing to ensure that players were gambling responsibly.
In one instance, Casumo allowed a player to lose £1.1million over three years without implementing responsible gambling measures.
The largest fine in 2020 was issued to Caesers Entertainment UK - fined £13,000,000 for Social responsibility failings - including Inadequate interaction with a customer who was known to have previously self-excluded and lost £240,000 over a 13-month period, and also for money laundering failings including not carrying out adequate source of funds checks on a customer who was allowed to drop around £3.5 million and lose £1.6 million over a period of three months.
Other companies hit by regulatory settlements included White Hat Gaming, Virtual Coin Gaming, Hajper Ltd, ComeOn Sweden, Casinostugan, Hillside Sports, Clockfair, Shaftesbury Casino, Les Croupiers Casino, Double Diamond Gaming.
Key failings by gambling companies fined in 2021 included:
Anti money-laundering failings
Social responsibility failing
For Offering Odds on a Match Featuring Underage Players
Offering bonuses in breach of local gaming laws
Failure to prevent Overspending & placing limits on accounts
Operating unlicensed domains
failing in identifying customers at risk of gambling related harm
Not having appropriate Anti-Money Laundering (AML) measures.
Gambling companies had to pay ~£44 million in gambling regulator issued penalties in 2020 (a 175% increase on 2019 figures), and already more than half that amount has been reached in just the quarter of 2021.
Gambling industry fines - Q1 2021
Wednesday 31st of March 2021
A&S Leisure Group Ltd Fined £377,340
A&S Leisure Group Ltd fined by UKGC for failure to implement risk-sensitive policies and controls to prevent money laundering.
Details: Fined for failure to implement risk-sensitive policies and controls to prevent money laundering.
Regulator: UK Gambling Commission - United Kingdom
Double Diamond Gaming Ltd fined for failing to identify customers at risk of gambling related harm and for not having the correct AML procedures in place
Details: Fined for failing to identify customers at risk of gambling related harm and for not having the correct AML procedures in place
Regulator: UK Gambling Commission - United Kingdom
Shaftesbury Casino Ltd fined by UKGC for failing to identify customers at risk of gambling related harm and for not having the correct AML procedures in place
Details: Fined for failing to identify customers at risk of gambling related harm and for not having the correct AML procedures in place
Regulator: UK Gambling Commission - United Kingdom
Casumo receives £6m fine and official warning as a result of UK Gambling Commission investigation
Details: Fined for anti-money laundering failings, Social responsibility failings and not taking into account the Commission’s guidance on customer interaction
Regulator: UK Gambling Commission - United Kingdom
Casinostugan fined €2.49m by Swedish Gaming Inspectorate and issued a warning for repeatedly offering bonuses in breach of local gaming laws.
Details: Casinostugan fined SEK 25 million (€2.49m)by Swedish Gaming Inspectorate and issued a warning for repeatedly offering bonuses in breach of local gaming laws.
ComeOn Sweden fined €3.4mby Swedish Gaming Inspectorate and issued a warning for repeatedly offering bonuses in breach of local gaming laws.
Details: ComeOn Sweden fined SEK 35 million (€3.4m) by Swedish Gaming Inspectorate and issued a warning for repeatedly offering bonuses in breach of local gaming laws.
Hajper Ltd fined SEK 50 million (€4.9m) by Swedish Gaming Inspectorate and issued a warning for repeatedly offering bonuses in breach of local gaming laws.
Details: Hajper Ltd fined SEK 50 million (€4.9m) by Swedish Gaming Inspectorate and issued a warning for repeatedly offering bonuses in breach of local gaming laws.
Snabbare Ltd fined €6.4m by Swedish Gaming Inspectorate and issued a warning for repeatedly offering bonuses in breach of local gaming laws.
Details: Snabbare Ltd fined SEK 65 million (€6.4m) by Swedish Gaming Inspectorate and issued a warning for repeatedly offering bonuses in breach of local gaming laws.
White Hat Gaming to Pay £1.3M Following UKGC Sanctions
Details: The operator failed to look identify the source of funds for one customer and the company failed to prevent overspending and to place limits on accounts that incur heavy losses over a short period of time
Regulator: UK Gambling Commission - United Kingdom
Netherlands Regulator hits Curaçao operator with €600K penalty
Details: The KSA named Virtual Coin Gaming as the operating firm of unlicensed domains futgalaxy.nl and futgamer.net – websites deemed to be actively targeting Dutch consumers.
Gambling regulators in Europe and the United Kingdom had a busy first quarter, with the UK Gambling Commission (UKGC), Swedish Gambling Authority (Spelinspektionen) and the Netherlands' Kansspelautoriteit issuing sanctions to thirteen online and land-based gambling operators - which included financial penalties and warnings.
Total Fines in first Quarter of of 2021: £44,714,211 / $33,505,885
The largest financial sanctions in 2021 came when the UKGC fined online casino firm Casumo £6,000,000 ($8.2M) in March for breaching anti-money laundering rules and failing to ensure that players were gambling responsibly.
In one instance, Casumo allowed a player to lose £1.1million over three years without implementing responsible gambling measures.
The largest fine in 2020 was issued to Caesers Entertainment UK - fined £13,000,000 for Social responsibility failings - including Inadequate interaction with a customer who was known to have previously self-excluded and lost £240,000 over a 13-month period, and also for money laundering failings including not carrying out adequate source of funds checks on a customer who was allowed to drop around £3.5 million and lose £1.6 million over a period of three months.
Other companies hit by regulatory settlements included White Hat Gaming, Virtual Coin Gaming, Hajper Ltd, ComeOn Sweden, Casinostugan, Hillside Sports, Clockfair, Shaftesbury Casino, Les Croupiers Casino, Double Diamond Gaming.
Key failings by gambling companies fined in 2021 included:
Anti money-laundering failings
Social responsibility failing
For Offering Odds on a Match Featuring Underage Players
Offering bonuses in breach of local gaming laws
Failure to prevent Overspending & placing limits on accounts
Operating unlicensed domains
failing in identifying customers at risk of gambling related harm
Not having appropriate Anti-Money Laundering (AML) measures.
Gambling companies had to pay ~£44 million in gambling regulator issued penalties in 2020 (a 175% increase on 2019 figures), and already more than half that amount has been reached in just the quarter of 2021.
Gambling industry fines - Q1 2021
Thursday 12th of November 2020
Boylesports Enterprise Fined £2,800,000
BoyleSports fined for Anti Money-Laundering failures
Details: The regulator revealed that the operator failed to have an appropriate money laundering risk assessment in place. It was also found that its anti-money laundering policies, procedures and controls were unsuitable and therefore could not be implemented effectively.
Regulator: UK Gambling Commission - United Kingdom
Social responsibility and AML control failures lead to £2,000,000 Fine
Details: systemic failings with its social responsibility and AML controls, which affected a number of customers playing on its online casino properties.
Regulator: UK Gambling Commission - United Kingdom
Swedish Regulator fines Glitnor’s Lucky Casino for unauthorized live casino online games
Details: The regulator found fault with LuckyCasino offering several products from live casino technology specialists Evolution Gaming, including its Dream Catcher, Monopoly Live and Deal or No Deal titles. Spelinspektionen noted that these products aren’t covered by Glitnor’s local online casino and sports betting license.
Betting exchange Matchbook Parent Company Fined £740,000 after investigation reveals serious failings
Details: The UK gambling authority found “serious failings” in Triplebet's approach to anti-money laundering, the monitoring of business relationships and due diligence checks into members of gambling syndicates.
Regulator: UK Gambling Commission - United Kingdom
Systemic failings at Caesars Entertainment leads to the departure of three senior managers and sanctions of £13m
Details: Social responsibility failings - including Inadequate interaction with a customer who was known to have previously self-excluded and lost £240,000 over a 13-month period. Money laundering failings including not carrying out adequate source of funds checks on a customer who was allowed to drop around £3.5 million and lose £1.6 million over a period of three months.
Regulator: UK Gambling Commission - United Kingdom
Kindred Group,hit with SEK100 million fine by Swedish Regulator
Details: Spooniker Ltd, a wholly owned subsidiary of Kindred Group received a warning and a sanction fee in the sum of SEK 100 million (USD 9,5m) by the Swedish Gambling Authority (SGA) for offering customers financial incentives which are in breach of the new gambling legislation.
Record £11.6m UK gambling fine meted out to Betway
Details: " Betway will pay a record £11.6m settlement for accepting stolen money from high-spending “VIP” customers, some of whom were displaying clear signs of gambling addiction."
Regulator: UK Gambling Commission - United Kingdom
William Hill Owned Company Mr Green fined for 'systemic failings'
Details: "The online gambling company Mr Green, owned by William Hill, has been fined £3m for “systemic failings” in its measures to stop money laundering and problem gambling."
Regulator: UK Gambling Commission - United Kingdom
Malta MGA fines Blackrock Media €2.4m for servicing unauthorised transactions
Details: Blackrock Media is a subsidiary brand of Netherlands based Blackrock Entertainment, which operates the Wild Sultan online casino brand under a Curaçao licence.. "the MGA and Malta’s Executive Police force".."uncovered that Blackrock Media had processed payments to and from players as part of gaming services which were not duly authorised.
Gambling regulators in Europe and the United Kingdom had a busy first quarter, with the UK Gambling Commission (UKGC), Swedish Gambling Authority (Spelinspektionen) and the Netherlands' Kansspelautoriteit issuing sanctions to thirteen online and land-based gambling operators - which included financial penalties and warnings.
Total Fines in first Quarter of of 2021: £16,232,715 / $33,505,885
The largest financial sanctions in 2021 came when the UKGC fined online casino firm Casumo £6,000,000 ($8.2M) in March for breaching anti-money laundering rules and failing to ensure that players were gambling responsibly.
In one instance, Casumo allowed a player to lose £1.1million over three years without implementing responsible gambling measures.
The largest fine in 2020 was issued to Caesers Entertainment UK - fined £13,000,000 for Social responsibility failings - including Inadequate interaction with a customer who was known to have previously self-excluded and lost £240,000 over a 13-month period, and also for money laundering failings including not carrying out adequate source of funds checks on a customer who was allowed to drop around £3.5 million and lose £1.6 million over a period of three months.
Other companies hit by regulatory settlements included White Hat Gaming, Virtual Coin Gaming, Hajper Ltd, ComeOn Sweden, Casinostugan, Hillside Sports, Clockfair, Shaftesbury Casino, Les Croupiers Casino, Double Diamond Gaming.
Key failings by gambling companies fined in 2021 included:
Anti money-laundering failings
Social responsibility failing
For Offering Odds on a Match Featuring Underage Players
Offering bonuses in breach of local gaming laws
Failure to prevent Overspending & placing limits on accounts
Operating unlicensed domains
failing in identifying customers at risk of gambling related harm
Not having appropriate Anti-Money Laundering (AML) measures.
Gambling companies had to pay ~£44 million in gambling regulator issued penalties in 2020 (a 175% increase on 2019 figures), and already more than half that amount has been reached in just the quarter of 2021.
Gambling industry fines - Q1 2021
Thursday 10th of October 2019
Petfre (Gibraltar) Fined £322,000
Betfred will pay £322,000 for money laundering failures.
Details: "the operator failed to carry out adequate source of funds checks on a customer who deposited £210,000, and lost £140,000, of stolen money in a 12-day period in November 2017."
Regulator: UK Gambling Commission - United Kingdom
Unibet.eu parent entity Trannel International Limited Fined €470,000
Details: "The KSA fined Unibet.eu parent entity Trannel International Limited €470,000 for providing Dutch-language payment channels and support services for a number of months during 2018."
Ladbrokes Coral Group to pay £5.9m for past failings in anti-money laundering and social responsibility
Details: Systemic failings at the Ladbrokes Coral Group has led to a penalty package including a series of improvement measures that must be implemented by new owner GVC and a £5.9m payment,
Regulator: UK Gambling Commission - United Kingdom
Spelinspektionen issues fines in bonus offer crackdown
Details: "contravention of the country’s gaming laws by informing their customers about the possibility of receiving recurring bonuses on their website."
Spelinspektionen issues fines in bonus offer crackdown
Details: "contravention of the country’s gaming laws by informing their customers about the possibility of receiving recurring bonuses on their website."
In Touch Games Limited fined £2,200,000 for weaknesses in its anti-money laundering and social responsibility controls.
Details: InTouch agreed a regulatory settlement consisting of a payment in lieu of a financial penalty of £2,200,000 which will go to a gambling harm related charity to address the risk of harmful gambling,
Regulator: UK Gambling Commission - United Kingdom
MT Securetrade Limited fined £700,000 for AML weaknesses, customer interaction controls and social responsibility breaches
Details: Fined £700,000 for weaknesses in its anti-money laundering and customer interaction controls and failure to comply with social responsibility codes of practice
Regulator: UK Gambling Commission - United Kingdom
BestBet Limited fined £230,972 for licence breaches related to anti-money laundering and social responsibility
Details: BestBet breached conditions of its licence relating to anti-money laundering measures licence conditions and failed to comply with social responsibility code provisions
Regulator: UK Gambling Commission - United Kingdom
Gambling regulators in Europe and the United Kingdom had a busy first quarter, with the UK Gambling Commission (UKGC), Swedish Gambling Authority (Spelinspektionen) and the Netherlands' Kansspelautoriteit issuing sanctions to thirteen online and land-based gambling operators - which included financial penalties and warnings.
Total Fines in first Quarter of of 2021: £19,915,705 / $33,505,885
The largest financial sanctions in 2021 came when the UKGC fined online casino firm Casumo £6,000,000 ($8.2M) in March for breaching anti-money laundering rules and failing to ensure that players were gambling responsibly.
In one instance, Casumo allowed a player to lose £1.1million over three years without implementing responsible gambling measures.
The largest fine in 2020 was issued to Caesers Entertainment UK - fined £13,000,000 for Social responsibility failings - including Inadequate interaction with a customer who was known to have previously self-excluded and lost £240,000 over a 13-month period, and also for money laundering failings including not carrying out adequate source of funds checks on a customer who was allowed to drop around £3.5 million and lose £1.6 million over a period of three months.
Other companies hit by regulatory settlements included White Hat Gaming, Virtual Coin Gaming, Hajper Ltd, ComeOn Sweden, Casinostugan, Hillside Sports, Clockfair, Shaftesbury Casino, Les Croupiers Casino, Double Diamond Gaming.
Key failings by gambling companies fined in 2021 included:
Anti money-laundering failings
Social responsibility failing
For Offering Odds on a Match Featuring Underage Players
Offering bonuses in breach of local gaming laws
Failure to prevent Overspending & placing limits on accounts
Operating unlicensed domains
failing in identifying customers at risk of gambling related harm
Not having appropriate Anti-Money Laundering (AML) measures.
Gambling companies had to pay ~£44 million in gambling regulator issued penalties in 2020 (a 175% increase on 2019 figures), and already more than half that amount has been reached in just the quarter of 2021.
Gambling industry fines - Q1 2021
Friday 14th of December 2018
William Hill Fined £269,400
William Hill fined €300,000 (£269,400/$338,700) by the Netherlands Gambling Authority (KSA)
Details: Fined for targeting players in the Netherlands without an iGaming licence.
Casumo fined £5.8 million for licence breaches related to anti-money laundering and social responsibility
Details: Casumo breached conditions of its licence relating to anti-money laundering measures and failed to comply with social responsibility codes of practice.
Regulator: UK Gambling Commission - United Kingdom
Gambling regulators in Europe and the United Kingdom had a busy first quarter, with the UK Gambling Commission (UKGC), Swedish Gambling Authority (Spelinspektionen) and the Netherlands' Kansspelautoriteit issuing sanctions to thirteen online and land-based gambling operators - which included financial penalties and warnings.
Total Fines in first Quarter of of 2021: £8,365,000 / $33,505,885
The largest financial sanctions in 2021 came when the UKGC fined online casino firm Casumo £6,000,000 ($8.2M) in March for breaching anti-money laundering rules and failing to ensure that players were gambling responsibly.
In one instance, Casumo allowed a player to lose £1.1million over three years without implementing responsible gambling measures.
The largest fine in 2020 was issued to Caesers Entertainment UK - fined £13,000,000 for Social responsibility failings - including Inadequate interaction with a customer who was known to have previously self-excluded and lost £240,000 over a 13-month period, and also for money laundering failings including not carrying out adequate source of funds checks on a customer who was allowed to drop around £3.5 million and lose £1.6 million over a period of three months.
Other companies hit by regulatory settlements included White Hat Gaming, Virtual Coin Gaming, Hajper Ltd, ComeOn Sweden, Casinostugan, Hillside Sports, Clockfair, Shaftesbury Casino, Les Croupiers Casino, Double Diamond Gaming.
Key failings by gambling companies fined in 2021 included:
Anti money-laundering failings
Social responsibility failing
For Offering Odds on a Match Featuring Underage Players
Offering bonuses in breach of local gaming laws
Failure to prevent Overspending & placing limits on accounts
Operating unlicensed domains
failing in identifying customers at risk of gambling related harm
Not having appropriate Anti-Money Laundering (AML) measures.
Gambling companies had to pay ~£44 million in gambling regulator issued penalties in 2020 (a 175% increase on 2019 figures), and already more than half that amount has been reached in just the quarter of 2021.
Gambling industry fines - Q1 2021
Thursday 31st of August 2017
888 Fined £7,800,000
888 to pay a record penalty package of over £7.8million as a result of serious failings in its handling of vulnerable customers.
Details: Watchdog fines online bookmaker for failures in protecting problem gamblers, including one who staked more than £1.3m
Regulator: UK Gambling Commission - United Kingdom
Gambling regulators in Europe and the United Kingdom had a busy first quarter, with the UK Gambling Commission (UKGC), Swedish Gambling Authority (Spelinspektionen) and the Netherlands' Kansspelautoriteit issuing sanctions to thirteen online and land-based gambling operators - which included financial penalties and warnings.
Total Fines in first Quarter of of 2021: £4,132,000 / $33,505,885
The largest financial sanctions in 2021 came when the UKGC fined online casino firm Casumo £6,000,000 ($8.2M) in March for breaching anti-money laundering rules and failing to ensure that players were gambling responsibly.
In one instance, Casumo allowed a player to lose £1.1million over three years without implementing responsible gambling measures.
The largest fine in 2020 was issued to Caesers Entertainment UK - fined £13,000,000 for Social responsibility failings - including Inadequate interaction with a customer who was known to have previously self-excluded and lost £240,000 over a 13-month period, and also for money laundering failings including not carrying out adequate source of funds checks on a customer who was allowed to drop around £3.5 million and lose £1.6 million over a period of three months.
Other companies hit by regulatory settlements included White Hat Gaming, Virtual Coin Gaming, Hajper Ltd, ComeOn Sweden, Casinostugan, Hillside Sports, Clockfair, Shaftesbury Casino, Les Croupiers Casino, Double Diamond Gaming.
Key failings by gambling companies fined in 2021 included:
Anti money-laundering failings
Social responsibility failing
For Offering Odds on a Match Featuring Underage Players
Offering bonuses in breach of local gaming laws
Failure to prevent Overspending & placing limits on accounts
Operating unlicensed domains
failing in identifying customers at risk of gambling related harm
Not having appropriate Anti-Money Laundering (AML) measures.
Gambling companies had to pay ~£44 million in gambling regulator issued penalties in 2020 (a 175% increase on 2019 figures), and already more than half that amount has been reached in just the quarter of 2021.
Gambling industry fines - Q1 2021
Friday 16th of December 2016
Camelot Fined £3,000,000
Camelot licence breach leads to £3 million financial penalty
Details: Financial penalty of £3 million imposed on Camelot, the operator of the National Lottery.
Regulator: UK Gambling Commission - United Kingdom
Betfred to pay over £800,000 following licence review
Details: Betfred will pay more than £800,000 in compensation and in contribution towards socially responsible causes as part of a regulatory settlement following a licence review.
Regulator: UK Gambling Commission - United Kingdom
Poker organisers pay £32000 after illegal gambling crackdown
Details: Two men have been ordered to pay over £32000 in fines and legal costs to Kingston Council following a crackdown on illegal gambling at a London private members club
Regulator: UK Gambling Commission - United Kingdom
Gambling regulators in Europe and the United Kingdom had a busy first quarter, with the UK Gambling Commission (UKGC), Swedish Gambling Authority (Spelinspektionen) and the Netherlands' Kansspelautoriteit issuing sanctions to thirteen online and land-based gambling operators - which included financial penalties and warnings.
Total Fines in first Quarter of of 2021: £184,500 / $33,505,885
The largest financial sanctions in 2021 came when the UKGC fined online casino firm Casumo £6,000,000 ($8.2M) in March for breaching anti-money laundering rules and failing to ensure that players were gambling responsibly.
In one instance, Casumo allowed a player to lose £1.1million over three years without implementing responsible gambling measures.
The largest fine in 2020 was issued to Caesers Entertainment UK - fined £13,000,000 for Social responsibility failings - including Inadequate interaction with a customer who was known to have previously self-excluded and lost £240,000 over a 13-month period, and also for money laundering failings including not carrying out adequate source of funds checks on a customer who was allowed to drop around £3.5 million and lose £1.6 million over a period of three months.
Other companies hit by regulatory settlements included White Hat Gaming, Virtual Coin Gaming, Hajper Ltd, ComeOn Sweden, Casinostugan, Hillside Sports, Clockfair, Shaftesbury Casino, Les Croupiers Casino, Double Diamond Gaming.
Key failings by gambling companies fined in 2021 included:
Anti money-laundering failings
Social responsibility failing
For Offering Odds on a Match Featuring Underage Players
Offering bonuses in breach of local gaming laws
Failure to prevent Overspending & placing limits on accounts
Operating unlicensed domains
failing in identifying customers at risk of gambling related harm
Not having appropriate Anti-Money Laundering (AML) measures.
Gambling companies had to pay ~£44 million in gambling regulator issued penalties in 2020 (a 175% increase on 2019 figures), and already more than half that amount has been reached in just the quarter of 2021.
Gambling industry fines - Q1 2021
Thursday 4th of December 2014
Imperial E-Club Fined £184,500
Dutch regulator issues record fine to Titanbet.com operator
Details: Fined for targeting customers in the Netherlands without a Dutch gaming licence.
