UK: ENTAIN TO PAY RECORD £17 MILLION FOR WIDE-RANGING FAILINGS

On 17 August, iGB reported that the Gambling Commission had ordered Entain to pay a record £17 million after it identified a series of social responsibility and AML failings across its online and land-based businesses. The failings relate to LC International Limited (LCI), which runs Entain’s online brands including Ladbrokes.com, Coral.co.uk and Foxybingo.com, and Ladbrokes Betting & Gaming Limited (LBG) land-based business, which operates 2,746 betting shops across Great Britain.  In a separate article, iGB reported that the Gambling Commission chief executive said Entain could potentially lose its licence in Great Britain if the group continues to breach rules and regulations in the market.

https://igamingbusiness.com/legal-compliance/entain-to-pay-record-17m

https://igamingbusiness.com/legal-compliance/entain-risks-losing-licence-over-further-breaches-says-rhodes/

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https://www.buymeacoffee.com/KoIvM842y

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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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