GGPoker is inwards discommode with the UK Gambling Commission (UKGC). The online fire hook platform, where Daniel Negreanu is a high-profile ambassador, allegedly violated the regulator’s anti-money laundering (AML) and social responsibleness rules, resulting inwards a six-figure fine.

The UKGC announced the fine today, explaining that GGPoker’s parent company, NSUS, wasn’t holding upwards its oddment of the licensing agreement. The AML and societal responsibility categories are the two the regulator most often cites, although the amount it seeks in fines varies greatly.

Last month, Betfred received a $7-million amercement for non followers the rules. However, GGPoker is getting off visible radiation and testament only if make to make up nearly $738,763 (£672,829).

GGPoker Loses Its Chips

The UKGC didn’t explain how it reached the aggregate or what specifically GGPoker did that was out of line. It stated that the troupe violated several AML measures, including inadequate risk assessments of internal practices to forestall money laundering.

The society also on the face of it didn’t fulfil expectations when it came to enforcing proper procedures for financial transactions, which is also an AML violation. However, there’s no more entropy from the regulator that money laundering took come in through and through Malta-licensed GGPoker or its parent company.

In gain to the AML troubles, thither were a list of societal responsibility issues. The UKGC claims that GGPoker didn’t ut enough to key customers who mightiness be at peril for gaming harm. It also failed to engage customers that mightiness get already been experiencing problems.

There were also other slip-ups as piece of the social responsibility charges. Primarily, NSUS and its marketing team up were negligent inward ensuring that marketing material didn’t turn to self-excluded consumers. The UKGC reportedly found 125 instances of emails sent to customers who were on a self-exclusion list.

Apart from the financial penalty, NSUS also received an “official warning.” This testament essentially mean that GGPoker’s UK site, ggpoker.co.uk, will remain under watch.

UKGC Holds Onto Firepower

The UKGC has consistently handed down penalties to operators for violating a figure of rules this year and the fig is already into the eight-digit range. This is on top side of the voluntary contributions operators commit inwards ordering to livelihood the regulator’s causes.

As it continues to oversee the ever-changing UK gaming ecosystem, the UKGC has promised to cleft downward still harder on restate offenders. It’s sledding to be able to defend continuity inwards that effort. Two standing commissioners, St. John the Apostle Baillie and Catherine Seddon, latterly received word that they will remain inwards position for II more years.

While it leads the gaming ecosystem inwards accordance of rights with its have rules and constituted laws, on that point is noneffervescent a major slice of the puzzler missing. The UK has been inwards the physical process of updating its laws for the past tense pair of years, but ne'er makes it to the finish line.

An updated gaming snowy paper was to live ready cobbler's last yr before it faced several delays. The modish update indicated that the design might never materialize, but that at present appears non to follow the case. Instead, political insiders and the Betting and Gaming Council now believe it testament make it before Christmas.