The Gambling Commission of the United Kingdom publishes its annual report
03
07.2019

Failure to protect problem gamblers and prevent money laundering leads to record £19.7 million in fines

By Sophie Couard
In 2018 the UK Gambling Commission imposed £19.7 million in fines against nine operators.

It doesn't seem to matter who the regulator was in 2018 - it was a busy year! In July, the Malta Gaming Authority (MGA) reported on the number of fines, breaches, reprimands, licence cancellations and suspensions in 2018.  Today in our blog, we'll tell you about the UK Gambling Commission which issued a record of £19.7m in fines for 2018.

Nine sanctioned operators

The fines were imposed against nine operators with the proceeds split between the Treasury and compensation to consumers and other affected parties. The largest offender was Daub Alderney that was fined £7.1 million by the other companies including Flutter Entertainment. We've told you about UK Gambling Commission fines in the past including £500.00 against Rank Group and £2 million against 32Red.

Logo of the British online gambling regulator

The fine represents a £1.3 million increase over 2017, partly attributed to increased enforcement.

Year-on-year increase in fines

The total fine represents an increase of £1.3 million over the £18.4 million in 2017. The increase year-over-year was not necessarily an increase in violators but rather a concerted effort to increase enforcement that was launched in July of that year. This included higher penalties for repeated and systemic failings.

By Sophie Couard
By Sophie Couard - EDITOR

I am a great fan of gambling, I became a croupier to finance my studies. After my high school diploma in economic and social sciences , I obtained a bachelor's degree in economics and then a master in philosophy with a thesis on player behavior. After working in an online casino customer support, I became a writer on FeedBack Casino.