Compliance & Anti-Financial Crime
Leadership | Insight | Network


888 UK Limited handed £9.4M (€11.3M) fine for AML shortcomings; Gambling Commission CEO says case involves ‘failing’ consumers

By Alisha Houlihan for AMLi

The UK Gambling Commission has fined 888 UK Limited a total of £9.4M (€11.3M) over social responsibility and money laundering violations, including setting the deposit threshold for financial checks at £40k (€48K).

The company which operates 78 websites, received an official warning and will undergo a comprehensive audit.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!