William Hill Fined £6.2m in Money Laundering Matter

Written by:
Guest
Published on:
Feb/20/2018

LONDON, Feb 20 (Reuters) - British bookmaker William Hill will pay 6.2 million pounds ($8.7 million) as a penalty for breaching anti-money laundering and social responsibility regulations, the Gambling Commission said on Tuesday.

Failure in the company’s checks resulted in 10 customers depositing large sums linked to criminal offences, resulting in gains for William Hill of around 1.2 million pounds, it said.

“This was a systemic failing at William Hill which went on for nearly two years and today’s penalty package – which could exceed 6.2 million pounds - reflects the seriousness of the breaches,” the commission said.

Gambling News

Google Play Changes Stance on iGaming Apps

Google Play Changes Stance on iGaming Apps

Google Play has a wide array of apps available in its Android-exclusive store. However, fans of iGaming and online sportsbook apps were facing a ban as originally planned by the gaming giant.

Ocean Resort Casino Owner: We'll Surprise the World

Ocean Resort Casino Owner: We'll Surprise the World

The owner of Atlantic City's Ocean Resort Casinos promises to "surprise the world" when the former Revel casino reopens next week.

Taruhan Olahraga & Taruhan Langsung - Bertaruh Piala Dunia 2018 - Indonesia

Taruhan olahraga dari indonesia online menggunakan dompet bitcoin dan buka akun taruhan.  Bertaruh Piala Dunia 2018!

Online Gambling Affiliates Will Need to Have HTTPS Implementation or Risk Traffic Loss

In July, Google will be updating its Chrome browser to warn visitors when they land on a page that is not secure, one that does not incorporate the HTTPS:// before a URL

Atlantic City Weekly Addresses the Question; Can You Cheat the Slot Machines?

Anyone who enters a gambling casino to try their luck on real money slots or plays online slot machines at an Internet casino is looking for any edge they can find to come out a winner. When it comes to “cheating” a slot machine, that is a whole other matter.

Syndicate