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BetVictor agrees £2.08m settlement for breach of licence conditions

24th February 2022 11:07 am GMT
BetVictor

BV Gaming, operator of the BetVictor online gaming and betting brand, will pay £2.08m for failing to comply with the conditions of its operating licence in Great Britain.

The payment is comprised of £1,728,000 in lieu of a financial penalty and £352,000 of divested gross gaming yield related to the failings identified by Britain’s Gambling Commission.

A regulatory review by the commission found that BV Gaming failed to effectively prevent money laundering and protect vulnerable people in [...]

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