Mr.Green, the Online Gaming Operator has been found to be failing in preventing money laundering and also in its social responsibility.
The Gambling Commission found that the company now part of William Hill did not properly interact with one customer that won £50,000 on its site and then went on to lose it all and many thousands on top.
The operator also used a proof of funds from 10 years ago to allow a customer to deposit £1 million. Mr Green also was found guilty of accepting a screen grab image of a computer screen as proof of source of funds.
The Gambling Commissions executive director Richard Watson said, “Our investigation uncovered systemic failings in respect of both Mr.Green’s social responsibility and AML controls which affected a significant number of customers across its online casinos. Consumers in Britain have the right to know that there are checks and balances in place which will help keep them safe and ensure gambling is crime-free – and we will continue to crack down on operators who fail in this area.”
Instead of fining Mr Green both the Gambling Commission and the operator have agreed to pay in lieu of a financial penalty £3 million to the National Strategy to Reduce Gambling Harms and to also cover the £10,000 cost to the Gambling Commission for its investigation costs.
Details you can read HERE.