Highly Aligned Leaders in Legal Operations
Online gambling operator Betway has agreed to pay a penalty of £11.6 million for a series of social responsibility and money laundering violations connected to the accounts of seven of its “VIP” customers. In one case, Betway failed to do the source checking of funds from a “VIP” customer who deposited more than £8m…
read moreThe UK Gambling Commission (UKGC) has sanctioned gambling operator Mr Green with a £3m penalty, as part of the regulatory body’s ongoing investigation into the online casino sector. The operator is the ninth gambling business to face action as part of a regulator probe that has led to more than £20m in penalty packages…
read moreThe UK Gambling Commission (UKGC) has suspended the operating licence of Addison Global. “We have decided to commence a review because we suspect that Addison Global has breached a condition of the licence and is unsuitable to carry on the licensed activities. We consider it appropriate to suspend the licence with immediate effect pending…
read moreThe UK Gambling Commission has temporarily suspended the operating license of Sports betting exchange operator Matchbook. Matchbook’s UK customers reported receiving emails informing them that the UK Gambling Commission (UKGC) had “taken the decision to temporarily suspend the operating license of Triplebet Ltd (Matchbook). As a result from 23:59 on 17 February 2020 we…
read moreFormer Pakistan batsman Nasir Jamshed has been jailed for his role in a fixing scandal. He was banned for 10 years by an anti-corruption tribunal in 2018 for his part in the spot-fixing scandal that engulfed the Pakistan Super League (PSL) in 2017. Manchester Crown Court also announced jail terms for British nationals Yousef…
read moreThe UK’s Competition and Markets Authority (CMA) is going to review the £10 billion (€11.8 billion) merger between Flutter Entertainment and The Stars Group. The Authority said it would investigate whether the deal would result in a “substantial lessening of competition” in the UK gambling market. An investigation into the deal between Flutter and…
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