No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Gala Coral Anti-Money Laundering failings
Wednesday April 27,2016 : GALA CORAL IN THE HOT SEAT
Anti-money laundering failings result in GBP 880 000 settlement figure.
The UK Gambling Commission has taken Anti-Money Laundering (AML) failings at Gala Coral Group to task, calling on other gambling operators to learn lessons from its investigations into Gala Coral’s processes.
Gala Coral Group Ltd agreed to forfeit over GBP 846,000 and take steps to improve its anti-money laundering and social responsibility processes following the Commissions investigation into the way Coral Racing Limited and Gala Interactive handled its relationship with a customer between 2012 and 2015.
The man was jailed for three years after admitting to stealing from a vulnerable adult to fund his gambling at the retail and online gambling firm.
Under the agreement with the UK Gambling Commission, Gala Coral will pay GBP 846,600 to the man’s victim as this was the total amount the man lost through gambling with the operator.
“We expect the industry will learn the lessons from this case, as it is their responsibility to keep crime out of gambling and protect vulnerable people from harm,” Richard Watson, programme director at the Commission, said.
“We know that Gala Coral have reflected heavily on this case and have assured us of actions they have taken to address the failings. Operators must proactively monitor customers to keep gambling safe and free from crime”.
The remaining amount of around GBP 30,000 will be paid to the Commission to fund its investigation.
Readers will recall a similar ruling against Paddy Power earlier this year where the company entered into a settlement agreement with the Commission amounting to GBP 280,000 as a penalty for “encouraging” a problem gambler
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
Pokerstars Now Lead Sponsor of Global Poker League -
Alex Dreyfuss Global Poker League has received a significant boost from the announcement by Dreyfuss Mediarex Sports and Entertainment company Friday that online pokers biggest operator, Pokerstars, has signed on as lead and exclusive GPL sponsor.
Betconstruch invests in Ucrafts -
BetConstruct may have also been attracted by the obvious interest in Ucrafts business - the start-up has already gained 5,000 subscribers in just a few months of commercial activity.
Plus500 Founders Selling Off Shares -
Alon Gonen and Gal Haber respectively sold 7.2 million shares, retaining a 10.4 percent interest in the company; and 2.6 million shares, retaining a smaller stake of just 3.6 percent.
Rush Golf Live Launches -
Virtual sports provider Inspired Gaming has announced the launch of its latest product - Rush Golf Live - with Betfred the first operator to carry the game.
GreenTube and Chopsticks In Partnership -
Novomatic Interactive subsidiary Greentube has announced that it has signed a partnership deal with the Gibraltar-based mobile app developer Chopsticks In The Apps Ltd through which it will organize distribution of Chopsticks games through its online, mobile, social and land-based channels.
Singapore Gambling Exemptions Granted -
The issue of certain state-linked commercial organisations being granted exemptions from Singapores tough anti-online gambling laws has been on the table for the past few months and has been the subject of opposition complaints; protest petitions and general argument.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.