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UKGC fines Greentube Alderney £1 million for compliance failures

Enforcement & compliance

The UK Gambling Commission (UKGC) said Greentube Alderney Limited agreed to pay a £1 million settlement after an investigation found social responsibility and anti-money laundering failures. The company accepted failings early in the investigation and submitted an action plan; the payment will support socially responsible purposes, according to the commission.

The settlement and identified control failures may prompt operators to review customer-protection and anti-money laundering procedures.

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Enforcement & compliance

Gambling Commission secures £650,000 NetBet settlement over compliance failures

Britain’s Gambling Commission said NetBet Enterprises agreed to pay £650,000 in lieu of a financial penalty over anti-money laundering and social responsibility failures at netbet.co.uk between November 2023 and July 2024. The regulator also cited inaccurate regulatory returns and required an independent audit of the operator’s controls; the payment will go to socially responsible causes.

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