London-listed online gaming operator Stride Gaming has confirmed that its subsidiary Daub Alderney has been fined £7.1m by the UK Gambling Commission (UKGC).
The fine relates to failings in its anti-money laundering and social responsibility procedures, with Stride Gaming having made a provision of £4m for the penalty after being notified by the UKGC earlier this year.
In a statement Tuesday, Stride Gaming confirmed the fine would be higher than expected at £7.1m and said that while [...]
