UK Online Casino Operators Hit With Fines
The United Kingdom Gambling Commission (UKGC) clearly isn’t playing softball. The watchdog organisation announced that it is dishing out fines to the tune of $1.77 million, with a pair of UK based online casino operators obliged to pay up. An investigation revealed that the companies are in violation of several social responsibility requirements.
Rank Digital Gaming is first on the list, better known for sites like meccagames.com, meccabingo.com, and bellacasino.com. Their part of the total fine comes in at a whopping $954,275. Annexio Limited is the second to be coughing up big, with their fine coming in at $833,645. The total $1.77 million will be handed over to the National Strategy To Reduce Gambling Harms.
The fines certainly aren’t modest, but the UKGC did acknowledge that both online casino operators cooperated with the investigation. It was also noted that steps are being taken to correct the issues.
The Violations In Detail
After the investigations were finalised, the UKGC released the findings publicly. As far as Rank Digital Gaming is concerned, multiple violations occurred between October 2019 and February 2021. Chief among the concerns are failures by the company to identify duplicate accounts, as well as a failure to prevent self-excluders from making accounts.
A similar report was released for Annexio. The second online casino company likewise had multiple violations, all occurring between October 2019 and November 2021. The offences include improper anti-money laundering protocols, as well as poor implementation of responsible gambling procedures.
Hence it can now be seen why the organisations were hit with such hefty fines. As UKGC executive director Helen Venn put it, a high standard is expected from online casino operators that are allowed to do business in the United Kingdom.
A Reoccurring Problem
Venn added that operators that fail to meet standards will be faced with costly repercussions. The stance by the UKGC sounds firm, but the threat of fines doesn’t seem to be curbing what is quickly becoming a reoccurring problem. The vast majority of fines handed out by the UKGC mostly relate to the same social responsibility violations.
Word is that even more regulations are on the horizon. After a review of the Gambling Act 2005 recently completed, rumors have circulated that new regulatory measures are to be introduced. If these new measures will serve to strengthen those that already being violated remains to be seen.