UKGC impose Stricter Conditions on Three Licence Holders

The UK Gambling Commission have imposed stricter conditions on three of their licence holders this week, after BGO Entertainment Limited, GAN PLC and NetBet Enterprises Limited were subjected to licence reviews after the UKGC identified  social responsibility and money laundering failings.

Subsequently of the three licence holders, BGO Entertainment Limited and Gan PLC have had new conditions imposed on their UK held licences. Additionally all three operators concerned have made commitments  to improve their policies and procedures in these areas.

Furthermore BGO Entertainment Limited, Gan PLC and NetBet Enterprises Limited have made undisclosed payments to the UKGC’s National Strategy to Reduce Gambling Harms.

Commenting on this news, Richard Watson Executive Director of the Gambling Commission said: “Licensees must protect consumers from harm and treat them fairly. Our recent investigations uncovered a variety of consumer protection and anti-money laundering failings at each of these three operators and as a result we are using a range of enforcement tools against them.”

“We will continue to crack down on failing operators through our tough and proactive compliance and enforcement work.”

To view the full ruling and details, you can do so by accessing the UKGC site here.

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Simon Wright

Simon Wright

Simon Wright has been both a player and an observer of the online casino industry for over 15 years. His knowledge of the online casino industry – to include sports is massive. Not many folks have the experience or his knowledge about online gambling. His adoration of football is also noted. He has painted his house blue (Chelsea) and annoys his neighbors with local football songs on game days.

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