NEWS: UK’s Admiral Casino fined £1M for AML failures, including lax oversight of accounts linked to drug dealer – AML Intelligence

Posted by January 9, 2025 Gambling
NEWS: UK’s Admiral Casino fined £1M for AML failures, including lax oversight of accounts linked to drug dealer – AML Intelligence

BY PAUL O’DONOGHUE, Senior Correspondent

GREENTUBE Alderney Limited, operating as Admiral Casino, has been fined £1 million after a UK Gambling Commission (UKGC) investigation uncovered a variety of AML issues.

The company, which runs the online casino brand admiralcasino.co.uk, is set to pay the settlement to “socially responsible causes”.

Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!

View subscription optionsIf you have an account, log in

Related

DoT data: Gambling accounts for 11% of UK consumers’ monthly leisure spend

DoT data: Gambling accounts for 11% of UK consumers’ monthly…

Posted by January 9, 2025

Raw bank data from over 300,000 consumers, collected by the Department of Trust (DoT), has found gambling accounts for 10.69% of UK consumers' leisure spend eac

Read More

Greentube Alderney fined by UK gambling regulator over AML failures | MLex | Specialist news and analysis on legal risk and regulation

Greentube Alderney fined by UK gambling regulator over AML failures…

Posted by January 9, 2025

( January 9, 2025, 12:06 GMT | Official Statement) -- MLex Summary: Online gambling company Greentube Alderney has been fined 1 million pounds ($1.2 m

Read More

Understanding UK Gambling Regulations Across Its Four Nations

Understanding UK Gambling Regulations Across Its Four Nations

Posted by January 9, 2025

Promotional feature...

Read More

How self-exclusion tools like GAMSTOP are shaping responsible betting in the UK

How self-exclusion tools like GAMSTOP are shaping responsible betting in…

Posted by January 8, 2025

While the growth of this industry is certainly opening new possibilities, the question of how to encourage responsible gambling and avoid the dangers associated

Read More

Follow Us

Recent post