Regulation

BGO, NetBet and GAN hit with UKGC action over social responsibility and AML failures

Additional licence conditions imposed by regulator as BGO agrees £2m payment to national gambling harm strategy

BGO, GAN and NetBet will pay regulatory penalties totalling £2.8m after Gambling Commission (UKGC) investigators identified failings in social responsibility and AML standards at all three companies. The trio were hit with the enforcement action after UKGC licence reviews, which have led to additional licence conditions for both BGO and GAN. BGO will pay £2m…

Anti-money laundering | BGO | Gambling Commission | Gan | Licensing | Netbet | Regulation | Social responsibility | Sports betting | UK

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