Compliance Updates
White Hat Gaming to Pay UKGC £1.3M Settlement Over AML Failings

White Hat Gaming has agreed to pay a settlement of £1.3m after a UK Gambling Commission investigation identified a series of money laundering and social responsibility failures with the Malta-based operator.
The investigation identified failings in the way online operator White Hat Gaming identified and managed customers who were at higher risk of money laundering and problem gambling.
Inadequate anti-money laundering and social responsibility procedures led to failures including not establishing the source of funds for a customer who lost £70,000 in three months and ineffective interaction with both a second customer who lost £50,000 in just six hours and a third customer who lost £85,000 in just over one hour.
In addition to paying a £1.3m regulatory settlement, White Hat Gaming has committed to an ongoing programme of improvements to strengthen its policies and procedures.
Richard Watson, Commission Executive Director, said: “Through our tough compliance and enforcement activity we will continue our work to raise standards in the industry and continue to hold failing operators to account.”
The operator’s £1.3m payment in lieu of a financial penalty will be directed towards delivering the National Strategy to Reduce Gambling Harms.
-
Latest News7 days ago
DreamPlay consolidates its status as a global player in the iGaming industry and opens an office and campus in Cyprus
-
Latest News7 days ago
The Power of Stablecoins in Everyday Life: From Investments to Gaming
-
Compliance Updates4 days ago
Vixio Delighted To Be Shortlisted For An ICA Compliance Award for Technology Partner of the Year
-
Asia4 days ago
Velocity Gaming goes undefeated to secure first place in OMEN VALORANT Challengers South Asia 2025 Split 1
-
eSports4 days ago
British Fortnite star “Mongraal” signed as newest Red Bull Player
-
Latest News3 days ago
Latest Online Gambling Trends Shaping the Canadian Market
-
Latest News4 days ago
SOFTSWISS Sportsbook Introduces Player Chat to Enhance User Engagement
-
Latest News4 days ago
Cross-Border Trends Shaping the Future of Online Casino Gaming in Europe