Stride Gaming subsidiary fined £7.1m for AML and social responsibility failures

UK Gambling Commission says the fine imposed on Stride’s Daub Alderney subsidiary “reflects the seriousness of lapses”

Stride Gaming subsidiary Daub Alderney Ltd has been hit with a £7.1m UK Gambling Commission (UKGC) fine for anti-money laundering (AML) and social responsibility failings. Stride’s share price plummeted 35% in August when the bingo brand first announced it would receive a UKGC-imposed financial penalty, but the size of the fine and the reason behind…

Daub Alderney | Regulation | Stride Gaming | UK Gambling Commission