Rank Group

The Rank Group penalized for €500,000 fine

By Sophie Couard

The Rank Group took no action to protect an apparently addicted player who lost £1 million within 24 hours.

In our news, we regularly report on the work of regulators whose job it is to monitor the providers of online gambling. One of the authorities' tasks is player protection. As a result not too long ago, Mr Green was fined €312,000 by the Dutch regulator. Even the video game developer Electronic Arts is having problems with the Belgian authority. This time, we are reporting on the UK Gambling Commission, which has fined the Rank Group £500,000.

A loss of £1 million in just 24 hours

The Rank Group operates the land-based Grosvenor Casino, which can also be visited online. In the casino, a player who obviously suffers from a gambling addiction lost a whopping £1 million in just 24 hours. After an investigation, the UK Gambling Commission concluded that the operator failed to intervene in the risky gambling behaviour of the individual.

UK Gambling Commission

The punishment could have been much higher

Since the operator demonstrated a willingness to cooperate, the UK Gambling Commission fined the company only £500,000 – which could have been much higher!

Since the Rank Group demonstrated openness and cooperation during the investigation and acknowledged the misconduct, the UK regulator condemned the operator to a fine of only £ 500,000, which could have been much higher.

That's just one of the reasons why you should only play in a licensed online casino. A trusted provider is, for example, SlotsMillion, which has a license from the regulator of Malta.

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.