32Red fined GBP 2 million by UK Gambling Commission
News on 20 Jun 2018
News on 20 Jun 2018
The BBC reports that top online casino operator 32Red, a subsidiary of the Kindred Group, has been punished with a GBP 2 million penalty by the UK Gambling Commission for failing to protect a problem gambler.
It is alleged that the customer was allowed to deposit GBP 758,000 with no money laundering or social responsibility checks.
The Commission said the penalty also related to money laundering failures.
A Kindred Group spokesman confirmed that the group has accepted the penalty and emphasised that the company is “working hard” to improve its processes.
