The findings of the Gambling Commission included:. It has been confirmed by the Chief Executive of the Gambling Commission that “ …if there is a repeat of the failures at 888 then we have to seriously consider the suitability of the operator to uphold the licensing objectives and keep gambling safe and crime-free.” The fines and penalties issued and financial settlements reached with betting operators in 2022 up to 1 March already total £12,802,313 and it is likely that this will increase further throughout the year.Ĩ88 have not only been fined but have also received an official warning from the Gambling Commission as well as an extensive audit into their policies and practices.
888 on this occasion failed with their anti-money laundering and social responsibility practices.Ĩ88 had already been fined £7.8million in 2017 for their failure to protect vulnerable customers. The LCCP provides measures for betting operators to comply with, with the purpose of ensuring that they have implemented their own policies and procedures to help protect customers and avoid money laundering. On 1 March 2022, the Gambling Commission announced that they have fined 888 UK Limited (“ 888”) following a series of failures to comply with their License Conditions and Codes of Practice (“ the LCCP”).
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