{"id":218,"date":"2024-06-19T14:39:46","date_gmt":"2024-06-19T11:39:46","guid":{"rendered":"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/19\/uk-gambling-commission-upholds-5-85-million-penalty-against-gaming-company\/"},"modified":"2024-06-20T17:01:57","modified_gmt":"2024-06-20T14:01:57","slug":"uk-gambling-commission-upholds-5-85-million-penalty-against-gaming-company","status":"publish","type":"post","link":"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/19\/uk-gambling-commission-upholds-5-85-million-penalty-against-gaming-company\/","title":{"rendered":"UK Gambling Commission Upholds \u00a35.85 Million Penalty Against Gaming Company"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/-daJ515_U2w\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>A gaming enterprise sought legal recourse, contending that the regulatory body for gambling had erred in levying such a substantial penalty against them. Their efforts were unsuccessful.<\/p>\n<p>In 2021, the Gambling Commission mandated that the firm, Daub Alderney, remit a \u00a35.85 million (equivalent to $7.25 million!) sanction. The Commission&#8217;s findings indicated that the company was not undertaking sufficient measures to curb money laundering and had faltered in its social responsibility obligations.<\/p>\n<p>Daub Alderney perceived the penalty as excessive and unjust, prompting their decision to contest the initial ruling. <\/p>\n<p>Nevertheless, the presiding judge, Judge Findlay, did not concur with their perspective. She considered their arguments but ultimately concluded that the fine was entirely warranted. She highlighted that the company had committed several serious transgressions, mirroring prior issues that had resulted in a significant penalty in 2018.<\/p>\n<p>The judge emphasized that the Commission was merely executing its duty to enforce the regulations.<\/p>\n<p>Sarah Gardner, the Commission&#8217;s second-in-command, conveyed her contentment with the court&#8217;s decision to uphold the penalty. She stressed that fines are not imposed arbitrarily and serve as a clear indication that the Commission will adopt a firm stance against any entity that fails to comply with the rules established to maintain the integrity and safety of gambling.<\/p>\n<p>It came to light that the company had been in violation of the terms stipulated in their 2021 license. They were not adhering to anti-money laundering protocols and were not upholding responsible gambling principles. <\/p>\n<p>The UK Gambling Commission took action against Stride Gaming Group, an operator of numerous online gaming platforms such as aspers.com and kittybingo.com.  The Commission determined that the company had failed to implement adequate responsible gambling safeguards, indicating insufficient protection for its users, some of whom may have been experiencing gambling-related problems. These events transpired between January 2019 and March 2020.  Notably, during this period, in October 2019, the Rank Group, another prominent entity in the gambling industry, acquired Stride Gaming Group. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A gaming enterprise sought legal recourse, contending that the regulatory body for gambling had erred in levying such a substantial penalty against them. Their efforts were unsuccessful. In 2021, the&hellip;<\/p>\n","protected":false},"author":28,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gaming Company Loses Appeal Against Hefty Fine<\/title>\n<meta name=\"description\" content=\"A gaming enterprise faced a major setback as their appeal against a \u00a35.85 million penalty, imposed by the Gambling Commission for alleged shortcomings in preventing money laundering and upholding social responsibility, was unsuccessful.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/19\/uk-gambling-commission-upholds-5-85-million-penalty-against-gaming-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK Gambling Commission Upholds \u00a35.85 Million Penalty Against Gaming Company\" \/>\n<meta property=\"og:description\" content=\"A gaming enterprise faced a major setback as their appeal against a \u00a35.85 million penalty, imposed by the Gambling Commission for alleged shortcomings in preventing money laundering and upholding social responsibility, was unsuccessful.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/19\/uk-gambling-commission-upholds-5-85-million-penalty-against-gaming-company\/\" \/>\n<meta property=\"og:site_name\" content=\"Your Gateway to a World of Licensed Online Casino Entertainment\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-19T11:39:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-20T14:01:57+00:00\" \/>\n<meta name=\"author\" content=\"Abigail &quot;Astra&quot; Reyes\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Abigail &quot;Astra&quot; Reyes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/19\/uk-gambling-commission-upholds-5-85-million-penalty-against-gaming-company\/\",\"url\":\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/19\/uk-gambling-commission-upholds-5-85-million-penalty-against-gaming-company\/\",\"name\":\"Gaming Company Loses Appeal Against Hefty Fine\",\"isPartOf\":{\"@id\":\"https:\/\/secretnodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-19T11:39:46+00:00\",\"dateModified\":\"2024-06-20T14:01:57+00:00\",\"author\":{\"@id\":\"https:\/\/secretnodepositbonuscodes.icu\/#\/schema\/person\/ab6aa937f081d2e8d0df2e05267a094f\"},\"description\":\"A gaming enterprise faced a major setback as their appeal against a \u00a35.85 million penalty, imposed by the Gambling Commission for alleged shortcomings in preventing money laundering and upholding social responsibility, was unsuccessful.\",\"breadcrumb\":{\"@id\":\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/19\/uk-gambling-commission-upholds-5-85-million-penalty-against-gaming-company\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/19\/uk-gambling-commission-upholds-5-85-million-penalty-against-gaming-company\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/secretnodepositbonuscodes.icu\/2024\/06\/19\/uk-gambling-commission-upholds-5-85-million-penalty-against-gaming-company\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/secretnodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UK Gambling Commission Upholds \u00a35.85 Million Penalty Against Gaming Company\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/secretnodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/secretnodepositbonuscodes.icu\/\",\"name\":\"Your Gateway to a World of Licensed Online Casino Entertainment\",\"description\":\"Experience the thrill of licensed online gambling with our up-to-date news, in-depth reviews, and expert articles. 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