Regulation

UK Gambling Commission levies record $16m fine against Caesars

Land-based operator surrenders three senior management licences after customer loses $2m in three-month period

The UK Gambling Commission (UKGC) has issued its highest ever regulatory penalty, fining land-based casino operator Caesars Entertainment's UK business $16.2m for “systemic failings” in its VIP programmes. UKGC investigators also identified failings in the operator’s social responsibility, anti-money laundering (AML) and customer interaction practices. Following the investigation, three senior managers at Caesars have surrendered…

Caesars | Regulation | Regulation | UK | UKGC

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