The UK Gambling Commission announced that NSUS Limited is set to pay a monetary penalty worth £672,829 as a result of some anti-money laundering and social responsibility failures.
The gambling company – which trades as GGPoker and operates the ggpoker.co.uk platform – is set to also receive an official warning for the failures.
The country’s gambling regulatory body revealed that the operator violated some social responsibility and anti-money laundering rules, so that it had exposed its customers to risk.
After the Gambling Commission undertook a review of the operating licence of NSUS Limited, the UK gambling regulatory body found that the company violated paragraphs 1, 2 and 3 of its licence condition 12.1.1, as well as its licence condition 12.1.2 linked to the prevention of money laundering and terrorist financing, and AML measures for companies based in foreign jurisdictions, respectively.
Apart from that, the regulatory review found that the company violated the social responsibility code of practice (SRCP) 3.4.1 in terms of customer interaction.
Gambling Operator Found to Have Reached Out to Self-Excluded Gamblers with Marketing Emails
As mentioned above, in line with the provisions of its own Licensing, compliance and enforcement policy statement, the Statement of principles for determining financial penalties, and the Indicative sanctions guidance, the UK Gambling Commission has decided to impose a warning under section 117 (1) (a) of the 2005 Gambling Act on the company.
Gambling operator NSUS Limited will also have to pay a monetary fine worth £672,829 under the provisions of section 121 of the Gambling Act 2005. The UKGC revealed that the gambling licence holder cooperated with the regulatory body throughout the process of investigation.
As a result of the investigation held into the company’s operating permit, the UK gambling regulator announced that failures to conduct suitable risk assessments of the company’s operations that have been used for illegal money laundering and terrorist financing have been part of NSUS Limited’s anti-money laundering failures. The Gambling Commission further noted that the operator failed to make sure that has appropriate procedures, policies, and controls in place in order to prevent money laundering and terrorist financing from taking place.
As for the social responsibility failures of NSUS Limited, the country’s gambling regulatory body explained that the company also failed to comply with social responsibility rules. The social responsibility failures in question included failing to identify customers who might have been at risk of experiencing gambling-related harm on one hand, and failing to interact with customers who might have been exposed at risk of experiencing gambling-related harm.
The investigation also found that the gambling company failed to take all reasonable measures to prevent it from getting in contact with self-excluded customers and sending them any marketing material promoting its services. NSUS Limited was found to have sent such marketing emails to a total of 125 customers who had previously excluded themselves from gambling.
- Author
Olivia Cole
