Anti-Financial Crime & Financial Crime Compliance
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AML, Financial Crime, UK

Ladbrokes owner to pay record £17M (€20M) fine for regulatory failures

By Alisha Houlihan for AMLi

The UK’s Gambling Commission has today announced it would fine Entain Group £17M (€20M) for social responsibility failures and money laundering violations.

Entain Group, owner of betting companies Ladbrokes and Coral, has been hit with the biggest penalty ever handed out by the UK’s gambling regulator.

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