UKGC Hits Ladbrokes Coral with £5.9 million Penalty for Social Responsibility, Money Laundering Prevention Failures

UKGC Hits Ladbrokes Coral with £5.9 million Penalty for Social Responsibility, Money Laundering Prevention Failures Thumbnail

The United Kingdom Gambling Commission has fined Ladbrokes Coral Group £5.9 million for failing to protect problem gamblers and for falling short of money laundering prevention standards. In a report posted Wednesday, the Commission posted the results of an investigation that found problems from November 2014 to October 2017; during much of that time, Ladbroke… Read more »

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UKGC Fines Platinum Gaming £1.6 Million

UKGC Fines Platinum Gaming £1.6 Million Thumbnail

The United Kingdom Gambling Commission announced last week that it has levied a hefty £1.6 million fine on Unibet UK’s parent company, Platinum Gaming, for “failing to identify gambling harm and prevent money laundering.” The Commission was tipped off that a customer of Platinum Gaming’s had been convicted of fraud and had been using the… Read more »

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