Aspire Global’s AG Communications has been slapped with a £1.4 million ($1.8 million) fine from the United Kingdom’s Gambling Commission for reportedly failing to step in and protect vulnerable players. The firm is said to have failed to comply with anti-money laundering regulations, which the commission called “wholly unacceptable.”
The commission said AG Communications, the company behind 58 gambling websites, did not have the right systems in place to stop people from losing huge amounts of money in a short time.
Gambling operator AG Communications Limited is to pay £1,407,834 after a Commission investigation revealed Social Responsibility (SR) and Anti-Money Laundering (AML) failures.
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