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com had also failed to effectively apply procedures and policies for those exhibiting signs of problem gambling by allowing one potentially vulnerable punter to wager six-figure amounts without taking action.81 million and implement a selection of enhanced due diligence and responsible gambling controls. The operator is to moreover purportedly be required to log the effectiveness of any interactions, place automatic limits on th...

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Bungled assessments:Finally, NetBet Enterprises Limited was reportedly likewise chastised after failing in its duties with regards to the prevention of money laundering and the potential financing of terrorism.Evading examination:The January investigation into GameAccount Network reportedly found that these deficiencies had allowed at least one customer to utilize bank accounts registered under different names as their proof of funds while another had escaped sufficient scrutiny into their declared cryptocurrency assets. The operator’s WinStar....

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The operator will now purportedly be required to conduct comprehensive appraisals of its top 250 customers every year and regularly track the subsequent effectiveness of any such campaigns.Strengthened supervision:Going forward and NetBet Enterprises Limited has reportedly been asked to make a number of changes to the way it operates including monitoring the login times of its players under assessment and not factoring wins into any such appraisals.com and BGO....

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The iGaming enterprise has now purportedly been instructed to ensure all of its money laundering reporting officers or their deputies secure suitable qualifications including a Personal Management Licence and additionally join senior management and key control staff in attending annual anti-money laundering refresher courses.com had also failed to effectively apply procedures and policies for those exhibiting signs of problem gambling by allowing one potentially vulnerable punter to wager six-figure amounts without taking action.In the United Kingdom and a trio of iGaming firms have reportedly been heavily fined and placed under a revised set of operating conditions after being found wanting with regards to their anti-money laundering and social responsibility duties....

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com had also failed to effectively apply procedures and policies for those exhibiting signs of problem gambling by allowing one potentially vulnerable punter to wager six-figure amounts without taking action. The operator’s WinStar.Evading examination:The January investigation into GameAccount Network reportedly found that these deficiencies had allowed at least one customer to utilize bank accounts registered under different names as their proof of funds while another had escaped sufficient scrutiny into their declared cryptocurrency assets....