Lottoland hit with £760k UKGC fine for social responsibility and AML breaches

Gibraltar-headquartered operator allowed customers to register third-party debit cards to their accounts under different names

Lottoland has been ordered to pay a £760,000 fine after a Gambling Commission (UKGC) investigation unveiled social responsibility and anti-money laundering (AML) failures. Operating company EU Lotto – which powers the website – also received a formal warning for the breaches which occurred between October 2019 and November 2020. During that period, Lottoland neglected…

AML | Finance | Lottery | Lottoland | Nigel Birrell | Regulation | Social responsibility | UK Gambling Commission