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Read a statement from Watson…“As part of our ongoing program of work to make gambling safer, we are pushing the industry to make rapid progress on the areas that we consider will have the most significant impact to protect consumers.The Guardian reported that another suspect instance had involved the online casino and sportsbetting firm accepting deposits worth about £187,000 (3,750) from a customer over the course of only two days without seeking source-of-funding evidence. Despite this account being flagged as a potential risk some 20 times, stafblackjack dealer draws to 16 qszgf at Betway Limited had purportedly accepted the punter’s word as sole evidence of sufficient funding....


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He additionally pronounced that this case had illustblackjack dealer draws to 16 qszgrated exactly why the management of United Kingdom-licensed iGaming operators must alter the way they handle high-rolling clientele and endeavor to responsibly interact with customers. This case highlights again why progress needs to be made.Customer contempt:Richard Watson, Executive Director for the Gambling Commission, used an official Thursday press release to proclaim that his organization’s investigation suggested that Betway Limited had ‘little regard for the welfare of its VIP customers or the impact on those around them’....


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” We have set tight deadlines for when we expect to see progress and if we do not see the right results then we will have no choice but to take further action.8 million (....


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5 million) penalty after uncovering a series of social responsibility and anti-money laundering failings. The treatment and handling of high-value customers is a significant piece of that work and operators are in no doubt about the need to tackle the issue at speed.”...


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Dubious dealings:The newspaper reported that one of the suspicious cases concerned a gambler who had deposited approximately £8 million ( million) over the course of a four-year period before going on to lose about half of this amount. The game is the first time the payouts come in both ways on the platform or via blockchain gaming.com was hit with the monumental fine after an investigation discovered that it had failed to adequately check the source of funds for seven of its high-rolling VIP customers....



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