The United Kingdom Gambling Commission fined Entain 17 million Pound. The company was penalized for negligence in responsible gaming and money laundering, in the UK. Bwin, Ladbrokes, PartyCasino, and other gambling companies that are under Entain were penalized.
The UK Gambling Commission penalized Entain 17 million Pound for not monitoring money laundering and responsible gaming, according to their website. The United Kingdom Gambling Commission fined Entain a lot of money.
What is Entain?
The largest gambling company in the world, Entain, has to pay a fine of $ 16.6 million (€ 14 million) because of the problems with LC International Limited, their holding company that owns 13 online websites in the UK, including Bwin, Ladbrokes, Coral, and partypoker poker site.
Ladbrokes Betting and Gaming Ltd operates 2,746 gaming locations all over Great Britain. Because the land-based part of Entain was found to be in violation of responsible gaming and money laundering laws, Entain is required to pay 3 million pounds (3.6 million dollars) in fines.