Operator Divestment, Payment In Lieu Of Financial Penalty, Commission Costs And Public Statement UK Gambling Commission· GB · 2023-09-20

UKGC sanction: Lindar Media Limited

→ Lindar Media Limited (license 51250)

The Gambling Commission commenced a section 116 regulatory review of Lindar Media Limited (the Licensee), Combined Remote Operating Licence Number 051250-R-328289-006, following a compliance assessment conducted in September 2022. The regulatory review found failings in Lindar Media Limited’s processes aimed at preventing Money Laundering (ML) and protecting individuals from being harmed or exploited by gambling. Officials found that, between July 2021 and September 2022, Lindar Media Limited failed to comply with the following Licence Conditions and Codes of Practice (LCCP): paragraphs 1, 2 and 3 of licence condition 12.1.1 requiring compliance with measures to prevent ML and Terrorist Financing (TF) ordinary code provision 2.1.1 requiring non-remote and remote casino licence holders to

Amount (EUR)

€808,408

Original currency

£690,947

Action date

2023-09-20

Authority

UK Gambling Commission

Country

Primary source:
https://www.gamblingcommission.gov.uk/public-register/regulatory-action/detail/206 ↗

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.