Each year, gambling regulators dish out millions of $/£/€ in fines to companies in the iGaming space (namely operators involved in casino, online-poker, sports-betting) for various reasons. We document gambling industry fines from regulators around the world.
2020 Gambling Industry Fines
Boylesports Enterprise Fined £2,800,000
BoyleSports fined for Anti Money-Laundering failures
Details: The regulator revealed that the operator failed to have an appropriate money laundering risk assessment in place. It was also found that its anti-money laundering policies, procedures and controls were unsuitable and therefore could not be implemented effectively.
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
GAN PLC Fined £46,000
Regulator hits GAN PLC with £46,000 fine due to social responsibility, risk assessment and AML failures
Details: social responsibility, risk assessment and AML failures
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
NetBet Fined £748,000
Netbet fined £748k after regulator finds inadequate AML controls and significant shortcomings for its responsible gambling policies and procedures.
Details: Regulator found inadequate AML controls and significant shortcomings for its responsible gambling policies and procedures.
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
BGO Entertainment Fined £2,000,000
Social responsibility and AML control failures lead to £2,000,000 Fine
Details: systemic failings with its social responsibility and AML controls, which affected a number of customers playing on its online casino properties.
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
Glitnor Services Ltd, Fined £34,068
Swedish Regulator fines Glitnor’s Lucky Casino for unauthorized live casino online games
Details: The regulator found fault with LuckyCasino offering several products from live casino technology specialists Evolution Gaming, including its Dream Catcher, Monopoly Live and Deal or No Deal titles. Spelinspektionen noted that these products aren’t covered by Glitnor’s local online casino and sports betting license.
Regulator: Spelinspektionen.- Sweden
Source: Read More
Triplebet Ltd Fined £740,000
Betting exchange Matchbook Parent Company Fined £740,000 after investigation reveals serious failings
Details: The UK gambling authority found “serious failings” in Triplebet's approach to anti-money laundering, the monitoring of business relationships and due diligence checks into members of gambling syndicates.
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
Caesers Entertainment UK Fined £13,000,000
Systemic failings at Caesars Entertainment leads to the departure of three senior managers and sanctions of £13m
Details: Social responsibility failings - including Inadequate interaction with a customer who was known to have previously self-excluded and lost £240,000 over a 13-month period. Money laundering failings including not carrying out adequate source of funds checks on a customer who was allowed to drop around £3.5 million and lose £1.6 million over a period of three months.
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
Kindred Group Fined £8,596,250
Kindred Group,hit with SEK100 million fine by Swedish Regulator
Details: Spooniker Ltd, a wholly owned subsidiary of Kindred Group received a warning and a sanction fee in the sum of SEK 100 million (USD 9,5m) by the Swedish Gambling Authority (SGA) for offering customers financial incentives which are in breach of the new gambling legislation.
Regulator: Spelinspektionen.- Sweden
Source: Read More
Betway Fined £11,600,000
Record £11.6m UK gambling fine meted out to Betway
Details: " Betway will pay a record £11.6m settlement for accepting stolen money from high-spending “VIP” customers, some of whom were displaying clear signs of gambling addiction."
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
Mr Green Fined £3,000,000
William Hill Owned Company Mr Green fined for 'systemic failings'
Details: "The online gambling company Mr Green, owned by William Hill, has been fined £3m for “systemic failings” in its measures to stop money laundering and problem gambling."
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
GVC Australia Fined £106,773
GVC Australia hit with record New South Wales fine
Details: "GVC owned Ladbrokes and Neds brands guilty of offering betting bonuses to people who opened new betting accounts."
Regulator: NSW Liquor & Gaming- Australia
Source: Read More
Blackrock Media Fined £2,043,120
Malta MGA fines Blackrock Media €2.4m for servicing unauthorised transactions
Details: Blackrock Media is a subsidiary brand of Netherlands based Blackrock Entertainment, which operates the Wild Sultan online casino brand under a Curaçao licence.. "the MGA and Malta’s Executive Police force".."uncovered that Blackrock Media had processed payments to and from players as part of gaming services which were not duly authorised.
Regulator: Malta Gaming Authority- Malta
Source: Read More
2019 Gambling Industry Fines
Petfre (Gibraltar) Fined £322,000
Betfred will pay £322,000 for money laundering failures.
Details: "the operator failed to carry out adequate source of funds checks on a customer who deposited £210,000, and lost £140,000, of stolen money in a 12-day period in November 2017."
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
Trannel International Fined £428,734
Unibet.eu parent entity Trannel International Limited Fined €470,000
Details: "The KSA fined Unibet.eu parent entity Trannel International Limited €470,000 for providing Dutch-language payment channels and support services for a number of months during 2018."
Regulator: Kansspelautoriteit- The Netherlands
Source: Read More
Ladbrokes Coral Group Fined £5,900,000
Ladbrokes Coral Group to pay £5.9m for past failings in anti-money laundering and social responsibility
Details: Systemic failings at the Ladbrokes Coral Group has led to a penalty package including a series of improvement measures that must be implemented by new owner GVC and a £5.9m payment,
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
Platinum Gaming Fined £1,600,000
Platinum Gaming Ltd to pay £1.6m for social responsibility and money laundering failures
Details: operator will pay £1.6m for failing to identify gambling harm and prevent money laundering.
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
Gamesys (Gibraltar) Fined £1,200,000
Gamesys (Gibraltar) Limited will pay £1.2m for failing to prevent gambling harm and breaching money laundering regulations.
Details: will pay £1.2m for failing to prevent gambling harm and breaching money laundering regulations.
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
AG Communications Limited Fined £41,800
Spelinspektionen issues fines in bonus offer crackdown
Details: "contravention of the country’s gaming laws by informing their customers about the possibility of receiving recurring bonuses on their website."
Regulator: Spelinspektionen.- Sweden
Source: Read More
Genesis Global Limited, Fined £142,000
Spelinspektionen issues fines in bonus offer crackdown
Details: "contravention of the country’s gaming laws by informing their customers about the possibility of receiving recurring bonuses on their website."
Regulator: Spelinspektionen.- Sweden
Source: Read More
In Touch Games Limited Fined £2,200,000
In Touch Games Limited fined £2,200,000 for weaknesses in its anti-money laundering and social responsibility controls.
Details: InTouch agreed a regulatory settlement consisting of a payment in lieu of a financial penalty of £2,200,000 which will go to a gambling harm related charity to address the risk of harmful gambling,
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
Bestbet Limited Fined £230,972
BestBet Limited fined £230,972 for licence breaches related to anti-money laundering and social responsibility
Details: BestBet breached conditions of its licence relating to anti-money laundering measures licence conditions and failed to comply with social responsibility code provisions
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
MT Securetrade Limited Fined £700,000
MT Securetrade Limited fined £700,000 for AML weaknesses, customer interaction controls and social responsibility breaches
Details: Fined £700,000 for weaknesses in its anti-money laundering and customer interaction controls and failure to comply with social responsibility codes of practice
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
ElektraWorks Limited Fined £323,000
GVC Holdings-owned Electraworks receives €350,000 (£323,000/$391,000) fine from Dutch regulator
Details: fined of €350,000 for illegally offering online casino and sports betting services via its bwin.com website in the Netherlands
Regulator: Kansspelautoriteit- The Netherlands
Source: Read More
NGG Nordic Ltd Fined £1,600,000
Betsson fined 19 000 000 kronor by gambling regulator
Skill On Net Fined £1,192,047
Skill On Net fined 14 000 000 kronor by gambling regulator
Paf Consulting Fined £7,962
Paf fined over Swedish self-exclusion failings
Details: "allowing self-excluded players to access their site"
Regulator: Spelinspektionen.- Sweden
Source: Read More
1xBet Fined £344,200
1xBet hit with €400k Dutch fine over unlicensed activities in the Netherlands
Details: Fined for targeting consumers in the Netherlands without permission.
Regulator: Kansspelautoriteit- The Netherlands
Source: Read More
2018 Gambling Industry Fines
Daub Alderney Fined £7,100,000
Daub Alderney to pay £7.1m fine for anti-money laundering and social responsibility failures
Details: £7.1m fine for failing to follow Gambling Commission rules aimed at preventing money laundering and protecting vulnerable consumers.
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
Paddy Power Betfair Fined £2,200,000
Paddy Power Betfair to pay penalty package for social responsibility and money laundering failures on its gambling exchange
Details: Online operator to pay £2.2m for failing to protect customers and stop stolen money being gambled.
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
Mark Jarvis Fined £94,000
Mark Jarvis to pay £94,000 penalty package for customer interaction failures
Details: Over a 19-month period the operator failed to follow customer interaction rules when a customer showed problem gambling traits
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
Rank Group Fined £500,000
Rank Group to pay penalty package for failing to protect a problem gambler Rank Group to pay penalty package for failing to protect a problem gambler
Details: online operator is to pay £500,000 for failing to follow Gambling Commission rules which protect problem gamblers.
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
32Red Fined £2,000,000
32Red to pay £2m penalty package for failing to protect a consumer
Details: 32Red has been penalised for not protecting a consumer from gambling-related harm and money laundering failures
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
LeoVegas Fined £600,000
LeoVegas penalised £600,000 for advertising and marketing failings
Details: LeoVegas penalised for failings relating to misleading advertising and the handling of customers at the end of their self-exclusion period
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
TabCorp Fined £84,000
Tabcorp fined £84,000 after Commission investigation
Details: Tabcorp UK Limited, trading as Sunbets, failed to properly manage the risks associated with offering ‘novelty’ bets
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
Casumo Fined £5,800,000
Casumo fined £5.8 million for licence breaches related to anti-money laundering and social responsibility
Details: Casumo breached conditions of its licence relating to anti-money laundering measures and failed to comply with social responsibility codes of practice.
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
ElektraWorks Limited Fined £350,000
Financial penalty of £350,000 imposed on ElektraWorks
Details: Fined £350,000 for breaches in relation to marketing,
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
William Hill Fined £269,400
William Hill fined €300,000 (£269,400/$338,700) by the Netherlands Gambling Authority (KSA)
Details: Fined for targeting players in the Netherlands without an iGaming licence.
Regulator: Kansspelautoriteit- The Netherlands
Source: Read More
MRG Fined £279,600
MRG's Mr Green Ltd subsidiary fined €312,500 (£279,600/$362,000) by the Netherlands Gambling Authority (KSA)
Details: Fined for failing to block Dutch players from gambling on its platforms.
Regulator: Kansspelautoriteit- The Netherlands
Source: Read More
Betsson AB Fined £276,705
Stockholm-listed Betsson’s Malta-based subsidiary Corona fined €300,000 (£276,705) by Netherlands Gaming Authority (KSA)
Details: Corona's Dutch-facing Oranje and Kroon online casino fined for accepting wagers from Dutch players without a licence
Regulator: Kansspelautoriteit- The Netherlands
Source: Read More
Bet-at-Home Fined £362,000
bet-at-home has been fined a total of €410,000 (£362,000/$480,000) by the Kansspelautoriteit, the Netherlands Gaming Authority
Details: Regulator found that the online operator had targeted Dutch citizens without holding a gaming licence in the country.
Regulator: Kansspelautoriteit- The Netherlands
Source: Read More
2017 Gambling Industry Fines
BGO Entertainment Fined £300,000
BGO Entertainment Ltd (BGO) fined £300,000 for misleading advertising on its own and its affiliates’ websites.
Details: The first ever financial penalty imposed by the UK Gambling Commission for advertising failings
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
Individuals Fined £265,000
Two men convicted after offering illegal gambling parasitic upon popular FIFA computer game
888 Fined £7,800,000
888 to pay a record penalty package of over £7.8million as a result of serious failings in its handling of vulnerable customers.
Details: Watchdog fines online bookmaker for failures in protecting problem gamblers, including one who staked more than £1.3m
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
2016 Gambling Industry Fines
Camelot Fined £3,000,000
Camelot licence breach leads to £3 million financial penalty
Details: Financial penalty of £3 million imposed on Camelot, the operator of the National Lottery.
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
Camelot Fined £300,000
Camelot fined for £300,000 for putting public confidence at risk
Details: Financial penalty of £300,000 imposed on Camelot, the operator of the National Lottery.
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
Betfred Fined £800,000
Betfred to pay over £800,000 following licence review
Details: Betfred will pay more than £800,000 in compensation and in contribution towards socially responsible causes as part of a regulatory settlement following a licence review.
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
Individuals Fined £32000
Poker organisers pay £32000 after illegal gambling crackdown
Details: Two men have been ordered to pay over £32000 in fines and legal costs to Kingston Council following a crackdown on illegal gambling at a London private members club
Regulator: UK Gambling Commission - United Kingdom
Source: Read More
2014 Gambling Industry Fines
Imperial E-Club Fined £184,500
Dutch regulator issues record fine to Titanbet.com operator
Details: Fined for targeting customers in the Netherlands without a Dutch gaming licence.
Regulator: Kansspelautoriteit- The Netherlands
Source: Read More