Login/Register
Evolution
Evolution
Evolution
Digitain

Spreadex agrees £1.36m settlement with Gambling Commission

25th August 2022 8:28 am GMT
Gambling Commission
Greentube

Financial spread betting and sports betting operator Spreadex has become the latest gambling business to fall foul of Britain’s anti-money laundering and social responsibility regulations.

Spreadex will pay £1.36m to Britain’s Gambling Commission for the breaches, which allowed some players to deposit significant funds and gamble without the operator conducting adequate source of funds checks or intervening when players showed potential risk of experiencing harm.

“Whilst it is disappointing to see anti-money laundering and social responsibility breaches [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Related Videos
Soft2Bet
Astropay
Relax Gaming
BRAGG Gaming
Amusnet
SportingTech
Uplatform
Pragmatic Solutions
G2E
Evolution
Digitain