Online gambling company Greentube Alderney, part of the Greentube family of iGaming companies, has been ordered to pay £685,000 (€804,328) by the UK Gambling Commission after it found shortcomings with social responsibility and money laundering failures.
Greentube Alderney – which operates admiralcasino.co.uk and bellfruitcasino.com – will also undergo extensive independent auditing for the failures which occurred between December 2019 and November 2020.
The Commission investigation revealed that the operator failed to:
Helen Venn, Commission Executive Director, said: “Compliance with Commission rules aimed at keeping people safe and gambling crime free is not optional. We will always take firm action against those operators who fail to meet the high standards we expect for consumers in Britain.”
On its part, Greentube has accepted that its policies were lacking in terms of making proper provisions for monitoring money laundering risks during out-of-hours, it admitted its record-keeping processes at the time of the Commission’s investigation were not adequate and it was not always able to provide clear evidence of an audit trail to demonstrate decision making.
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The telecoms firm prioritises holistic and scalable solutions for its corporate clients, says Arthur Azzopardi, Chief Officer at GO Business.