Posts Tagged :

social responsibility

How the Regulatory Environment for Online Gaming is Evolving

 The HALLO ECHO
By:
0
0

  In many countries, online gaming isn’t part of the regulatory environment. That’s because most gaming laws were passed long before the Internet came along. Where online casinos are allowed, the rules aren’t written in stone. They change frequently, often to adjust tax rate or raise regulatory standards. That said, the world is slowly changing…

read more

UKGC Reveals Reasons for Triplebet Licence Suspension

 The HALLO ECHO
By:
0
0

  The UK Gambling Commission (UKGC) has published the reasons for suspending Triplebet’s licence. Triplebet’s operating licence was suspended on February 17 as part of a package of sanctions for social responsibility and money laundering failings. An investigation found serious failings in Triplebet’s approach to anti-money laundering, the monitoring of business relationships and due diligence…

read more

UKGC: Systemic failings at Caesars Entertainment UK leads to the departure of three senior managers and sanctions of £13m

 The HALLO ECHO
By:
0
0

  The UK Gambling Commission has announced that Caesars Entertainment UK Limited is to pay £13m and must implement a series of improvements following a catalogue of social responsibility, money laundering and customer interaction failures including those involving ‘VIPs’. As a result of this investigation three senior managers at the company surrendered their personal licences.…

read more

Betway to Pay Fine for Failings Related to “VIP” Customers

 The HALLO ECHO
By:
0
0

  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 more