5 UK Casinos Could Lose Their License

[CasinoArchives]

Would be very interesting to see who those 5 companies are

https://www.theguardian.com/society/2018/jan/05/five-of-uk-online-casinos-may-lose-licence-over-money-laundering-fears

[Fiekie247]

Would be very interesting to see who those 5 companies are

https://www.theguardian.com/society/2018/jan/05/five-of-uk-online-casinos-may-lose-licence-over-money-laundering-fears

And you could lose your account on Askgamblers by not reading the forum rules.

 

No external links are to be posted on the forum.

[ValDes]

Would be very interesting to see who those 5 companies are

https://www.theguardian.com/society/2018/jan/05/five-of-uk-online-casinos-may-lose-licence-over-money-laundering-fears

 

Yes, in aware already, but thanks for sharing anyways. 

 

Nothing so surprising with the news though, obviously while some are sending 'letters' others are making tens of millions on a yearly basis, paying their fees and taxes and everyone is happy, including the one sending the letters...

[ValDes]

And you could lose your account on Askgamblers by not reading the forum rules.

 

No external links are to be posted on the forum.

 

It's okay mate, that was a link to an article in a newspaper and as long as it's not rival related no problems.

[cocopop3011]

And you could lose your account on Askgamblers by not reading the forum rules.

 

No external links are to be posted on the forum.

 

  Tickled me this!

[pinnit2015]

Likely to be your high street brands.

 

HSBC were essentially facilitating ML years ago. Last time i looked they still had a FCA registration.

 

They'll pay a few pennies and all weaknesses will be forgotten. 

[cocopop3011]

Likely to be your high street brands.

 

HSBC were essentially facilitating ML years ago. Last time i looked they still had a FCA registration.

 

They'll pay a few pennies and all weaknesses will be forgotten. 

 

Be interesting to see if anything comes of this!

[pinnit2015]

Be interesting to see if anything comes of this!

To be fair, it's the Guardian reporting this - they've been on a quest against all forms of gambling for the last year. They're sensationalist headlines around gambling are becoming on a par with the Daily Mail and evil immigrants coming to our fair land.

 

Can't imagine it - William Hill will simply ship operations to that place of equity - Tel Aviv 

[cocopop3011]

To be fair, it's the Guardian reporting this - they've been on a quest against all forms of gambling for the last year. They're sensationalist headlines around gambling are becoming on a par with the Daily Mail and evil immigrants coming to our fair land.

 

Can't imagine it - William Hill will simply ship operations to that place of equity - Tel Aviv 

 

I never really read anything from the Guardian and never believe anything that comes from the Daily Mail or The Sun   

[vinny47]

It seems William Hill are one of them. They've received a £6.2 million fine today.

[ValDes]

The full article here: 

 

William Hill to pay £6.2m penalty package for systemic social responsibility and money laundering failures

[cocopop3011]

It seems William Hill are one of them. They've received a £6.2 million fine today.

 

Yep I seen this on the tele today I couldn't catch the full story with the kids screaming but knew it was something to do with money laundering. Quite a hefty fine that!

[Fiekie247]

Yep I seen this on the tele today I couldn't catch the full story with the kids screaming but knew it was something to do with money laundering. Quite a hefty fine that!

That could easily bankrupt a casino actually.

[vinny47]

That could easily bankrupt a casino actually.

It is a big fine although the company as a whole made around £300m profit last year. It's a profitable industry this gambling.....for some

[cocopop3011]

That could easily bankrupt a casino actually.

 

It could but I think WH will quite easily bounce back from it, their Sportsbook alone is huge!