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81 million and implement a selection of enhanced due diligence and responsible gambling controls.Read a statement from Papanier…“This transaction is consistent with our core strategy of acquiring strategic gaming assets at attractive valuations and, importantly, represents the company’s entry into a tenth state. The Gambling Commission’s examination purportedly found that the Maltese operator behind the NetBet....

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Delinquent duties:The examination launched in September of last year into BGO Entertainment Limited reportedly determined that the Guernsey-based firm had been deficient in its interactions with customers from an anti-money-laundering and social responsibility perspective.co. The iGaming enterprise has now purportedly been instructed to ensure all of its money laundering reporting officers or their deputies secure suitable qualifications including a Personal Management Licence and additionally join senior management and key control staff in attending annual anti-money laundering refresher courses....

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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.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. We are acquiring the operations at a value accretive multiple while also enhancing our interactive offerings....

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The enquiry purportedly found that the firm behind the domains at PowerSpins.Read a statement from Papanier…“This transaction is consistent with our core strategy of acquiring strategic gaming assets at attractive valuations and, importantly, represents the company’s entry into a tenth state.”...

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The operator is to moreover purportedly be required to log the effectiveness of any interactions, place automatic limits on th”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....

 

 

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