Archive | August, 2022

Smarkets (Malta) Limited fined £630,000 for AML and social responsibility failings

The Gambling Commission has announced that remote betting intermediary, Smarkets (Malta) Limited has incurred the following sanctions after a review of its operating licence disclosed anti-money laundering and social responsibility failings: a warning under section 117(1)(a) of the Gambling Act 2005 in respect of the breaches identified an additional condition has been attached to its […]

UKGC publishes ‘market impact data on gambling behaviour – operator data to June 2022’

The Gambling Commission has published its ‘Market impact data on gambling behaviour – operator data to June 2022’ (that you can download below) Market impact data on gambling behaviour – operator data to June 2022 The Gambling Commission has published further data showing how gambling behaviour is reacting to current environmental factors in Great Britain. […]

LeoVegas fined £1.32million for AML and social responsibility failings

The Gambling Commission has today (3 August 2022) announced that on 11 July 2002 it imposed a £1.32million penalty on Malta-based remote gambling operator LeoVegas Gaming PLC, following an operating licence review finding that between October 2019 and October 2020 LeoVegas: breached paragraphs 2 and 3 of licence condition 12.1.1. Anti-Money Laundering (AML) – Prevention of money […]