Regulation

Gibraltar-based operators agree £2.5m RG payout following regulatory review

Gibraltar Gambling Division identifies “historic control weaknesses” in operator AML practices

Several Gibraltar-licensed operators have agreed to pay £2.5m to the Gibraltar Gambling Care Foundation after the peninsula’s regulator identified “historic control weaknesses” in AML policies. The payout comes following the completion of the Gibraltar Gambling Division’s (GGD) latest 12-month thematic review of AML procedures used by B2C licensees in respect of non-UK international customers. Names…

AML | Gibraltar | Gibraltar Gambling Commission | Online gambling | Regulation

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