Operator Divestment, Payment In Lieu Of Financial Penalty And Public Statement UK Gambling Commission· GB · 2023-07-18

UKGC sanction: Done Brothers (Cash Betting) Limited

→ Done Brothers (Cash Betting) Limited (license 1058)

This investigation followed a compliance assessment and resulted in the commencement of a section 116 regulatory review of Done Bros (Cash Betting) Limited’s (the Licensee/Done Bros) Non-Remote General Betting Standard, Pool Betting and Ancillary Remote Licence number: 001058-N-102469-014. The regulatory review found failings in the Licensee’s processes which were aimed at Safer Gambling (SG) and preventing Money Laundering (ML). Between January 2021 and December 2022, Done Bros failed to comply with certain Licence Conditions and Codes of Practice (LCCP), specifically: paragraphs 1, 2 and 3 of licence condition 12.1.1, requiring the conducting of an appropriate risk assessment, the implementation of appropriate policies and procedures and keeping such policies under review to ensure thei

Amount (EUR)

€3,802,500

Original currency

£3,250,000,

Action date

2023-07-18

Authority

UK Gambling Commission

Country

Primary source:
https://www.gamblingcommission.gov.uk/public-register/regulatory-action/detail/203 ↗

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