The BBC reported on 28th November that the Gambling Commission has fined 3 operators almost £14 million for not having “effective safeguards” to prevent money laundering and harm to customers from gambling – Daub Alderney is to pay £7.1 million, Casumo £5.85 million and Videoslots £1 million.  CZ Holdings, surrendered its licence to operate in the UK.

According to CasinoDB, CZ Holdings Ltd is (was) licensed and regulated by the Gambling Commission allowing them to take bets from players based in the UK.  Parent is CZ Trading Limited, the registered operator of the “Dr Vegas” online casino brand based in Malta and offering online casino gambling services to customers throughout Europe.  CZ Holdings Ltd is another Malta-based company and both companies are based in Malta.

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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