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In the United Kingdom and a trio of iGaming firms have reportedly been heavily fined and placed under a revised set of operating conditions after being found wanting with regards to their anti-money laundering and social responsibility duties.Evading examination:The January investigation into GameAccount Network reportedly found that these deficiencies had allowed at least one customer to utilize bank accounts registered under different names as their proof of funds while another had escaped sufficient scrutiny into their declared cryptocurrency assets. The operator’s WinStar....

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Evading examination:The January investigation into GameAccount Network reportedly found that these deficiencies had allowed at least one customer to utilize bank accounts registered under different names as their proof of funds while another had escaped sufficient scrutiny into their declared cryptocurrency assets.Insufficient inspection:BGO Entertainment Limited was moreover reportedly found to have not conducted adequate source of funding and enhanced due diligence checks after failing to act in numerous cases including one where a player had deposited more than five times their annual salary.Evading examination:The January investigation into GameAccount Network reportedly found that these deficiencies had allowed at least one customer to utilize bank accounts registered under different names as their proof of funds while another had escaped sufficient scrutiny into their declared cryptocurrency assets....

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Bungled assessments:Finally, NetBet Enterprises Limited was reportedly likewise chastised after failing in its duties with regards to the prevention of money laundering and the potential financing of terrorism.com had also failed to effectively apply procedures and policies for those exhibiting signs of problem gambling by allowing one potentially vulnerable punter to wager six-figure amounts without taking action. The Gambling Commission’s examination purportedly found that the Maltese operator behind the NetBet....

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The operator is to moreover purportedly be required to log the effectiveness of any interactions, place automatic limits on th We believe this property is a great fit for our portfolio. The Gambling Commission’s examination purportedly found that the Maltese operator behind the NetBet....

 

 

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