Following an extensive consultation in 2015 on changes to the Licence conditions and codes of practice [LCCP] in relation to the prevention of crimes associated with gambling, and two short consultations in June 2016 on digital adverts and money laundering risks, the Gambling Commission has issued: a publication detailing further amendments to the LCCP (available here), […]
Read MoreBetfred the Latest Operator to Pay an AML Failure Penalty
Betfred has agreed to pay compensation and a contribution towards social causes of over £800,000, after the Gambling Commission (GC) ruled it failed in its anti-money laundering and social policies. The GC conducted an investigation after a Betfred customer was jailed for three years and four months for stealing more than £856,000 from their employer, […]
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