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In the United Kingdom and a trio of iGaming firms have reportedly been heavily fined and placed under a revised set of operating conditions after being found wanting with regards to their anti-money laundering and social responsibility duties.According to a report from iGamingBusiness. The operator’s WinStar....

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Delinquent duties:The examination launched in September of last year into BGO Entertainment Limited reportedly determined that the Guernsey-based firm had been deficient in its interactions with customers from an anti-money-laundering and social responsibility perspective. The source detailed that the trio have now been ordered to pay a range of financial penalties totalling over .In the United Kingdom and a trio of iGaming firms have reportedly been heavily fined and placed under a revised set of operating conditions after being found wanting with regards to their anti-money laundering and social responsibility duties....

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”Read a statement from Papanier…“This transaction is consistent with our core strategy of acquiring strategic gaming assets at attractive valuations and, importantly, represents the company’s entry into a tenth state. The operator’s WinStar....

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It also provides us with access to an attractive Indiana gaming market in which we will look to significantly advance our mobile and online sportsbetting and iGaming initiatives.Bungled assessments:Finally, NetBet Enterprises Limited was reportedly likewise chastised after failing in its duties with regards to the prevention of money laundering and the potential financing of terrorism.Future focus:George Papanier, President and Chief Executive Officer for Twin River Worldide Holdings Incorporated, used this press release to proclaim that his firm will also be eager to exploit Tropicana Evansville’s existing race and sportsbook and ‘acquire unencumbered rights to the sportsbetting and iGaming skins’ run by the Vanderburgh County property so as ‘to access the growing Indiana market’....

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