Regulator warns betting firms’ licences could be revoked if they fail to cease criminal activity and problem gamblingFive online casino companies could lose their licence to function,after industry regulator the Gambling Commission warned they were not doing enough to cease criminals using their websites to launder money.
The commission has written to 17 online casino companies, flagging up the “serious nature” of its findings on their controls against money laundering, or terrorist financing and problem gambling.
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Source: guardian.co.uk