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Violation Tracker UK Individual Case

Company: Caesars Entertainment UK Limited
Current Parent CompanySilver Point Capital
Parent at the Time of the Penalty Announcement: Caesars Entertainment Corp.
Recap of Ownership Changes: Later in 2020 Caesars Entertainment Corp. and Eldorado Resorts merged to form Caesars Entertainment Inc. Metropolitan Gaming, owned by Silver Point Capital, acquired Caesars UK in 2021.
Penalty: £13,115,000
Year: 2020
Date: 2 April, 2020
Offence Group: consumer-protection-related offences
Offence Type: gambling industry violation
Violation Description: Caesars Entertainment agreed to pay £13 million plus £115,000 costs in settlement of a finding by the Commission that the company's casinos failed to comply with their licence anti-money laundering and social responsibility requirements.
Action Type: agency action
Settlement Type: Regulatory Settlement with payment in lieu of penalty
Agency: Gambling Commission
HQ Country of Parent: United States
Ownership Structure of Parent: privately held
Major Industry of Parent: private equity (including portfolio companies)
Specific Industry of Parent: private equity (including portfolio companies)
Source of Data(click here)