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””According to a Wednesday report from the British Broadcasting Corporation (BBC), PT Entertainment Services (PTES) Limited was being examined by the Gambling Commission for alleged failings into the way its VIP scheme had checked whether players could actually afford their losses....
”Advanced assessment:In responding to the findings of the investigation, London-listed Playtech reportedly told the BBC that it had decided to close the websites run by PTES Limited prior to the initiation of the Gambling Commission’s action.McArthur reportedly stated…“This is a tragic case that came to light after I was contacted by the family of the young man who very sadly took his own life. Operators must do everything in their power to interact with customers responsibly....
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It purportedly furthermore explained that its subordinate’s United Kingdom license had already been due to expire in October, which is the same month it had made a charitable donation worth ￡620,000 (0,800), and that it has since ‘invested significantly’ so as to ensure similar breaches do not re-occur.Reflex Gaming, a well-known omni-channel game machine supplier as well as digital games developer, is now part of the YG Masters program of Yggdrasil.5 million (....
Severe shortcomings:The Gambling Commission used an official Wednesday press release to proclaim that its inquiry had uncovered ‘serious systemic failings’ in the now-shuttered operator’s anti-money laundering and social responsibility protocols alongside ‘more general failings’ regarding the way the firm had ‘interacted with its highest spending customers.”Advanced assessment:In responding to the findings of the investigation, London-listed Playtech reportedly told the BBC that it had decided to close the websites run by PTES Limited prior to the initiation of the Gambling Commission’s action. The regulator’s investigation purportedly determined that the operator had moreover provided the Sheffield-based customer with VIP status without first verifying whether he could indeed afford the amounts of money with which he was gambling....
