Regulation

Casumo hit with £6m Gambling Commission fine for historic AML and RG breaches

Malta-based online casino operator failed to interact responsibly with customer who lost £59,000 in just 90 minutes

The Gambling Commission (UKGC) has ordered Casumo to pay a £6m financial penalty over historic failings in its anti-money laundering (AML) and responsible gambling procedures. The failings were identified following a UKGC audit of the Malta-headquartered online casino operator between October 2019 and January 2020. UKGC investigators discovered responsible gambling failings relating to significant customer…

Anti-money laundering | Casumo | Regulation | Responsible gambling | Shelly Suter-Hadad | UK Gambling Commission

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