Basic Search  |  Summaries  |  Advanced SearchPenalty: £17,000,000
Year: 2022
Date: 17 August, 2022
Offence Group: consumer-protection-related offences
Offence Type: gambling industry violation
Violation Description: Entain Group agreed to pay a total of £17 million towards socially responsible purposes in settlement of a finding by the Commission that the company breached its anti-money laundering and social responsibility requirements with lack of alerts and monitoring of customers at its online business, including labrokes.com, coral.co.uk and foxybingo.com, and at its Ladbrokes gambling premises.
Action Type: agency action
Settlement Type: Licence Breach; Regulatory Settlement with payment in lieu of penalty
Agency: Gambling Commission
HQ Country of Parent: Isle of Man
Ownership Structure of Parent: publicly traded
Major Industry of Parent: entertainment
Specific Industry of Parent: sports betting
Source of Data: (click here)