Day: 20 January 2022

UKGC Announces Regulatory Action against Two Online Gambling Companies over Social Responsibility and AML Failures

Thu 20 Jan 2022 10.19 Daniel Williams
UKGC Announces Regulatory Action against Two Online Gambling Companies over Social Responsibility and AML Failures

The UK Gambling Commission (UKGC) revealed that two online casinos will have to pay an overall amount of £1.3 million after an investigation held by the industry watchdog revealed that both businesses failed to comply with some social responsibility rules. As the UKGC announced, Rank Digital Gaming (Alderney) Limited, which is currently trading as grosvenorcasino.com, bellacasino.com, meccagames.com and meccabingo.com, is set to pay a regulatory settlement worth £700,557 for its social responsibility failures. The other company that would be affected by the UK gambling regulatory action is Annexio (Jersey) Limited,…

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Online Gambling Operators Allow Credit Card Payments Despite Industry Ban, New Data Shows

Thu 20 Jan 2022 8.15 Olivia Cole
Online Gambling Operators Allow Credit Card Payments Despite Industry Ban, New Data Shows

A recent investigation of the Irish Independent has shown that the largest online gambling operators in the country still allow the use of credit cards for gambling transactions through their mobile applications, although this is forbidden under industry rules. The Irish Independent revealed that Paddy Power and BoyleSports have been among the operators who seem to have found a way to circumvent the restrictions. Apart from these violations, BoyleSports was also found to allow customers to place bets and make withdrawals without asking either for account verification or photo ID.…

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