The United Kingdom Gambling Commission (UKGC) is the official regulator that has ruled in the UK since 2007. Established under the 2005 Gambling Act, this powerful regulatory authority is responsible for regulating all types of gambling that operate in this sovereign state. The operators who want to manage or run a business there must hold licenses from this commission.

With the rise of the gambling field and a number of non Gamstop betting sites according to NonStopCasino.org, the UKGC has become reputed to be very strict regarding the gambling rules and licenses since 2014. This body continues to enforce more stringent regulations in the main goals to protect the players from the gambling harms and promote responsible gambling. The licensed operators that violate the rules will, therefore, be penalized by the UKGC.

As reported by the Gambling Business Group (GBG), over a five and a half year period, the UK Gambling Commission has collected £58.9m in financial punishments. Besides, between 2014 and December 2019, the commission gathered a total of £58,946,578. Here are the top brands cracked down by this British regulatory entity.

Main Duties of the Gambling Commission

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The UKGC is founded to control all types of gambling to both land-based and online operators. In October 2013, this commission also integrated the National Lottery Commission (NLC) and since, it has become the National Lottery regulator. This terrestrial gambling includes casinos, sports betting, poker rooms, lotteries, slots machines, bingo, and arcade games.

  • Concerning remote gambling, the UKGC oversees the firms that run sports betting, casinos, poker, and lottery, which can be available online and other means of communication.
  • Furthermore, the commission ensures that all the gambling activities are run fairly and transparently.
  • Thus, this regulator body works on protecting minors and vulnerable people from all possible negative impacts of these activities.
  • Another principal responsibility of the UKGC is to supply operating licenses to the gambling operators. This regulatory body can impose fines and withdraw consents of the companies that breach the gambling laws.
  • The commission can issue different types of licenses which permit the gambling firms to operate there.

The first license is called the Non-remote Gambling Software Licence allowing the companies to manufacture, provide, and install the gambling software via means of non-remote communication. The second license is the Remote Gambling Software Operating Licence enabling the gambling operators to supply gambling products through the website, mobile devices, and other forms of communication.

Top 6 Penalties

1. TripleBet Operating Licence Has Been Suspended

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The Gambling Commission has penalized the owner of the sports betting Matchbook since February 17, 2020. After the investigation completed by this governing body, Triplebet Limited didn’t apply serious approaches to anti-money laundering (AML), business relationship’s supervision, and control the gambling syndicates’ members.

Besides, severe failings for this gambling watchdog’s system about social responsibility were also found. In this punishment, the UKGC temporarily suspended Triplebet Limited operating license, so this betting and casino platform has to prove that it has implemented curative systems required by the regulator. In addition to this license suspension, the betting firm also has to pay a £740,000 fine to the commission.

2. Caesars Entertainment was Fined of £13m

The land-based gambling operator Caesars Entertainment was sanctioned by the UKGC on April 02, 2020, by paying £13m for systemic failings. As a result of the inquiry, this regulatory body found serious failures in money laundering, social responsibility, and VIP programs. Based on the commission’s investigation, there were failings in the firm’s decisions about VIP players between January 2016 and December 2018.

This Caesars’ sanction is the highest fine the commission has ever imposed this year. Apart from this biggest penalty, these schemes failures lead to the firing of three senior managers at this world’s largest casino entertainment firm.

4. Betway was Sanctioned of £11.6 Million for Failings Related to VIP

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The well-reputed online bookmaker Betway agreed to pay £11.6m on March 12, 2020, for failure approaches on a series of social responsibility, money laundering, and high rollers. After the UKGC inquiry, the regulator discovered that a high-spending customer or VIP deposited up to £8m and lost over £4m for four years.

Besides, the operator failed to establish strong social responsibility with another High Roller who deposited and lost £187,000 in only two days. There was also neglect toward the consumer’s source of funds because Betway allowed a player to flow £5.8m through the platform. Gambling Commission is also surveying into management supervision and investigation of responsible Personal Management Licence holders.

5. Temporary Suspension of Stakers Limited’s Operating Licence

After a Gambling Commission investigation and after reviewing the gambling Act 2005, the Stakers’ operating license was suspended due to a number of compliance issues. This Malta-based firm was criticized for infringing on the condition of the license and unable to conduct the licensed activities. The license suspension of this online casino and sports betting firm became effective on March 04, 2020.

Hence, this operator has not been permitted to offer a gambling service through its website in the United Kingdom. Aside from the UKGC license, Stakers Limited is also licensed by the Malta Gaming Authority (MGA).

6. Mr. Green was Hit with a Record Fine of £3m for Regulatory Negligence

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The UK Gambling Commission sanctioned Mr. Green for failing measures to prevent harm and money laundering. This company is the ninth gambling operator that was found to violate the gambling regulation and has to pay more than £20m in sanction packages since 2018. The part of this operator’s punishment package is £3m that will be paid to the National Strategy to reduce gambling issues.

The investigation found that this William Hill-owned online gaming brand failed to promote social responsibility and AML controls that impacted several customers. The regulatory body will continue to punish the operators who fail to keep gambling safe in the UK.

A Lesson to be Learnt from Maxent Limited’s Licence Removal

The story began on June 18, 2019, when the Gambling Commission revoked the Maxent Limited operating license. This Malta-based remote casino operator faced issues associated with the operator’s finances and information supplied to the commission. The source did not convince this entity of funds used to finance the company. So, by the Gambling Act 2005, the regulator had decided to cancel the operating license.

After a change of corporate control, the gambling operator applied for a continuation of its license. Nonetheless, the application showed a fact that can lead to license removal. The funds used in the gambling business presented a risk to UKCG’s regulation, like preventing gambling from crime and disorder. Thus, MaxEnt Limited lost its license to provide gambling services to UK-based customers. On January 02, 2020, the company officially published on its website its decision to be removed from the UK market.

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