It’s been a while since we saw the UK Gambling Commission (UKGC) issue any regulatory fines but earlier this week they announced that a further £4.5 million in penalty packages had been doled out.
This wasn’t a fine to one single company but four different names who have come up short in their business practices. Each had failed to put effective safeguards in place to prevent money-laundering and protect customers from gambling harm.
The Companies Fined By The UK Gambling Commission
The largest of the fines, a hefty £2.2 million, was levied against InTouch Games Ltd. This company is responsible for brands such as mFortune, Pocket Win, Mr Spin and Dr Slot.
During the assessment carried out by the UKGC it found a number of breaches and all can be read by following the related links on the official article on this link.
Betit Operations Limited have to pay £1.4 million. They are responsible for Kaboo, High Roller, Thrills and Super Lenny Casino.
£700,000 is the amount that MT Secure Trade were fined and they operate a number of well known brands including Guts, CasinoPop, Metal Casino, Rizk Casino and many others.
The smallest fine was for BestBet and was a penalty of £230,972.
Ongoing Investigations And Results From UK Gambling Commission
- 123 online operators have been contacted and either had assessments or engaged with the UKGC.
- 45 of those had been told to present an action plan to raise their standards and 38 have already shown signs of improvement.
- 34 were complaint or had just minor issues that have been, or are in the process of being dealt with.
Five operators have given up their UK licence and can no longer offer consumers in Britain gambling options.