Well-known provider of gambling services, Mr. Green, has just undergone an investigation conducted by the UK Gambling Commission. As a result of examination, the operator is the ninth gambling provider which will have to pay a fine as a result of their actions.
The UK Gambling Commission has already conducted several reviews of local gambling businesses. After facing the Commission, six operators surrendered their license and have no possibility to provide gambling services in the future. Further on, six licensees received an official warning, one operator received advice, seven are still under scrutiny and no additional steps are taken against two operators.
One of the reputable gambling businesses, Mr. Green, will have to pay £3m to the National Strategy to Reduce Gambling Harms because the brand failed to prevent harm and complete money laundering actions. The operator is accused of the following:
Commenting on the recent case, Gambling Commission Executive Director, Richard Watson said:
“Our investigation uncovered systemic failings in respect of both Mr Green’s social responsibility and AML controls which affected a significant number of customers across its online casinos.
“Consumers in Britain have the right to know that there are checks and balances in place which will help keep them safe and ensure gambling is crime-free – and we will continue to crack down on operators who fail in this area.”
UK Gambling Commission continues with investigantions as part the strategy of providing a safe gambling environment. The Authority has made several steps including fortifying online age and identity verification, stricter rules and guidance on recognizing and interacting with users who may be in jeopardy and prohibiting credit cards. The Commission is looking to support the industry in raising standards in VIP practices, advertising and game design as well as online stake limits.
Source:
„Mr Green to pay £3m for regulatory failures“, gamblingcommission.gov.uk, February 27, 2020.