The UK Gambling Commission has announced that both Jumpman Gaming Limited and Progress Play Limited will pay a combined total of £675,000 (€802,438) in regulatory settlements following investigations that uncovered social responsibility and anti-money laundering failures.
Jumpman Gaming
Jumpman Gaming runs 243 gambling websites and has been fined £500,000 (€594,399).
The regulatory review into the company’s business practices in relation to its websites found that anti-money laundering (AML) protocols were not followed correctly while the company also failed to promoter safer gambling and, as a result, failed to protect those vulnerable to the harms of problem gambling.
Key failings uncovered by the investigation include:
- Failing to implement protocols designed to prevent money laundering and terrorist financing
- Breaches of Anti-money laundering measures for operators based in foreign jurisdictions
Safer Gambling:
- Failing to comply with Social Responsibility best practices including customer interaction
Progress Play Limited
Progress Play Limited runs 201 gambling websites and has been fined £175,718 (€208,865).
The regulatory review into Progress Play’s processes found that the company had failed to implement the correct money laundering protocols while also failing in its responsibility to protect vulnerable people.
Key failings uncovered by the investigation include:
Anti-money laundering (AML):
- Failing to implement protocols designed to prevent money laundering and terrorist financing
- Breaches of Anti-money laundering measures for operators based in foreign jurisdictions
Safer gambling:
- Failing to comply with Social Responsibility best practices including customer interaction
Speaking of the penalties issued today, Leanne Oxley, Gambling Commission Director of Enforcement and Intelligence, said:
“We will always clamp down on operators who fail in their obligations to keep gambling safe and crime-free. We encourage other operators to consider the failings identified in these cases carefully, and consider what improvements they can make in their own businesses.”
Both fines will be paid directly to the National Strategy to Reduce Gambling Harms.
Based in London, Natasha is a former sports journalist with experience working for some of the biggest athletes & brands in the world of sports and iGaming.
