Mon. Nov 25th, 2024
UK's gambling regulator fines 32 Red, Platinum Gaming $8.8 mln

March 23 (Reuters) – UK’s Gambling Commission said it imposed a 7.1 million pounds ($8.8 million) penalty on online operators 32Red Ltd and Platinum Gaming Ltd, which are part of Kindred Group Plc (KINDsdb.ST), for social responsibility and anti-money laundering failures.

32Red, which runs 32red.com, will pay a 4.2 million pounds fine, while Platinum Gaming, which runs unibet.co.uk, will pay 2.9 million pounds, the regulator said in a statement on Thursday.
($1 = 0.8113 pounds)

Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Savio D’Souza

Our Standards: The Thomson Reuters Trust Principles.

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