BetVictor Hit with £2M UKGC Fine

BV Gaming Limited, trading as BetVictor, is set to pay a total of £2 million ($2.7 million) in regulatory action after an investigation led by the UK Gambling Commission (UKGC) revealed fairness, social responsibility and money laundering failures.

The operator, which runs a series of sites – betvictor.com, betvictor.mobi, hbingo.co.uk, heartbingo.co.uk and parimatch.co.uk – will pay the money as part of a settlement with the Commission.

The settlement money will go to the National Strategy to Reduce Gambling Harms.

Leanne Oxley, Gambling Commission Director of Enforcement, said: “As a gambling regulator our focus is on ensuring that gambling in Britain is fair, safe and crime-free, and BetVictor failed consumers by breaching rules aimed at achieving these objectives.

“Non-compliance – no matter what the reason – will never be a viable business option for gambling businesses. We will always be tough on operators who fail in this way.”