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The Guardian reported that another suspect instance had involved the online casino and sportsbetting firm accepting deposits worth about ￡187,000 (3,750) from a customer over the course of only two days without seeking source-of-funding evidence. The treatment and handling of high-value customers is a significant piece of that work and operators are in no doubt about the need to tackle the issue at speed. The newspaper detailed that Betway Limited had moreover collected ￡494,000 (7,620) from a third punter holding eleven different accounts despite the fact that they had previously opted to exclude themselves....

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Goodale’s statement read…“Our partnership with Yggdrasil Gaming Limited has been hugely beneficial for us and assisted us in further growing our business.com was hit with the monumental fine after an investigation discovered that it had failed to adequately check the source of funds for seven of its high-rolling VIP customers. The regulator purportedly stated that ‘the majority of this money will now be divested and returned to victims’ with the operator furthermore now required to hand over an equivalent amount for use on programs designed to reduce gambling harm....

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