Britain's Gambling Commission today penalised 32Red and Platinum Gaming with a €7.1M penalties for AML and other failures.
The Commission stated that the sanction against Kindred Group Plc's online operator would also include social responsibility violations.
“These failures highlight clearly that both operators failed to interact with customers in a way which minimises the risk of them experiencing harms associated with gambling,” said Kay Roberts, executive director of the Gambling Commission.
The regulator said financial triggers for anti-money laundering reviews at 32Red were too high and not appropriate to effectively manage money laundering and terrorist financing risks, while Platinum’s policies were found unsuitable.
32Red and Platinum erred in their social responsibility by failing to identify and interact with customers who may have been experiencing the dangers of gambling.
32Red, which runs 32red.com, will pay a £4.2M fine, while Platinum Gaming, which runs unibet.co.uk, will cough up £2.9M, the regulator said in a statement on Thursday.
By fLEXI tEAM