Online gambling company Mr. Green, which is owned by William Hill has been asked to pay £3million for failing to protect gamblers on its website.
Mr. Green has been asked to pay the sum after failing to also put down customers that use its website for money laundering and other illegitimate activities, the U.K Gambling Commission stated.
The commission also said that its investigation has exposed “systemic failings” and other dealings thatgo against gambling laws.
The 13-year old gambling company failed to freeze out the account of a player who gambled away a£50,000 win and deposited thousands more.
It also accepted a 10-year document that showed claims of a £176,000 payout as satisfactory evidence that a player deposited more than £1million.
The gambling company acknowledges that between 1 st of Nov., 2014 to 7 th Nov. 2018, it did not haveeffective policies and measures to ensure that gambling addicts would have options available to them. It is essential to know that it was due to this that the company did not identify and interact with gambling addicts on its site.
However, Mr. Green is now the 9 th company to face penalties by the U.K Gambling Commission as part of the mission to protect gambling addicts from online casinos that have little or no measures to prevent money laundering. So far, the U.K Gambling Commission has issued more £20million in penalties since 2018.
According to Richard Watson, the Gambling Commission’s executive director, the money will be moved to the National Strategy to Reduce Gambling Harms, which safeguard addicts.
“Our investigation uncovered systemic failings in respect of both Mr. Green’s social responsibility and anti-money laundering controls which affected a significant number of customers across its online casinos.” Watson also added: “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 will continue to crack down on operators who fail in this area.”
Nevertheless, Mr. Green has accepted to comply with a compliance assessment of its next top 130 customers; once that is done, it will have completely assessed its top 250 players on its platform