🎰 Eaton Gate Gaming Limited

Action Details:

Following a review of the operating licence undertaken against Eaton Gate Gaming Limited (“the Licensee”), the Gambling Commission found that the Licensee:• breached paragraphs 1, 2 and 3 of licence condition 12.1.1 – Anti-Money Laundering (Prevention of money laundering and terrorist financing)• failed to comply with social responsibility code of practice (“SRCP”) 3.4.1 – Customer Interaction• breached SRCP 5.1.9, code of practice issued under section 24 of the Gambling Act 2005, so as to be treated as a licence conditionIn line with the Commission’s Licensing, compliance and enforcement policy statement, the Indicative sanctions guidance and the Statement of principles for determining financial penalties, the Commission has decided to:(i) impose a warning under section 117 (1) (a) of the Gambling Act 2005 (“the Act”) in respect of the breaches identified(ii) attach an additional condition to the Licensee’s operating licence under section 117(1)(b) of the Act requiring:the Licensee must undertake a third-party audit within 12 months of the conclusion of the review. The purpose of the audit is to examine whether the Licensee is effectively implementing its anti-money laundering and social responsibility policies, procedures and controls in accordance with its regulatory requirements. The Licensee must provide the Commission with a copy of the Audit report within five working days of it being received(iii) impose a financial penalty of £480,305 under section 121 of the Act.The Licensee co-operated with the Gambling Commission throughout the investigation and took corrective steps to address the identified failings.