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Online casinos fined £14m in watchdog crackdown

Gambling Commission says firms failed to thwart money-laundering and help problem gamblers Three online casino firms have been fined £14m after the largest enforcement action by the Gambling Commission uncovered failings in systems designed to prevent money-laundering and protect problem gamblers. The industry regulator ordered Casumo to pay a penalty package of £5.85m, while Videoslots will pay £1m in lieu of a financial penalty. Daub Alderney was hit with a fine of £7.1m, previously announced. Continue reading...

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