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UKGC sanction: Taichi Tech Limited
→ Taichi Tech Limited (license 57385)
Following a review of the operating licence undertaken against Taichi Tech Limited t/a Fafabet (“the Licensee”) the Commission found that the Licensee: Breached paragraph 1 of Licence Condition 7.1.1 - Fair and Transparent terms and practices Breached paragraphs 2 and 3 of Licence Condition 12.1.1 - Prevention of money laundering and terrorist financing Failed to comply with paragraphs 1, 4, 5, 8, 9, 11, 12 and 13 of social responsibility code provision 3.4.1 - Remote Customer Interaction Failed to comply with paragraph 2 of social responsibility code provision 5.1.9 - Other marketing requirements. In addition, Officials consider the Licensee failed to adequately consider Ordinary Code Provision 2.1.1 - Anti Money Laundering Casino. Failure to comply with a social responsibility code prov
Amount (EUR)
€198,900
Original currency
£170,000
Action date
2025-04-17
Authority
UK Gambling Commission
Country
GB
Primary source:
https://www.gamblingcommission.gov.uk/public-register/regulatory-action/detail/267 ↗
https://www.gamblingcommission.gov.uk/public-register/regulatory-action/detail/267 ↗
Factual reporting based on the linked authority publication. Quoted summary generated from the official source by WagerX Forensic Team using AI-assisted extraction. This page is not legal advice, not an editorial opinion, and not commentary on parties beyond the facts stated by the authority. If you represent an entity named above and require a correction, contact us with the source reference.
