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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.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.Learning lessons:However, McArthur used the press release to pronounce that the regulator is continuing its investigations into PTES Limited even though the firm has ceased trading ‘as the lessons from this tragic case must be learned by all operators’....

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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.uk reportedly surrendered its license last year before the damning results of an official investigation into its social responsibility and anti-money laundering processes could be released. We will shortly be opening a consultation to make permanent changes to the way operators recruit and incentivise high-value customers....

 

 

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