🎰 Football Pools Limited

Action Details:

A regulatory review under section 116 of the Act was commenced following a Compliance Assessment (the Assessment) of the remote Operating Licence of Football Pools Limited (the Licensee) (licence number 048272-R-326339-008).The review found failings in the Licensee’s Anti-Money Laundering / Counter Terrorist Financing (AML/CTF) and Social Responsibility (SR) controls. The failings related to the Licensee’s online betting, as opposed to the non-remote Pool Betting.The Licensee failed to comply with the following Licence Conditions and Codes of Practice (LCCP) between September 2022 and August 2023:paragraphs 2 and 3 of Licence Condition (LC) 12.1.1 which requires licensees to ensure they have appropriate policies, procedures and controls to prevent Money Laundering (ML) and Terrorist Financing (TF). The Licensee must also ensure that ML policies, procedures and controls are implemented effectively, kept under review, revised appropriately to ensure that they remain effective, and take into account any applicable learning or guidelines published by the Gambling Commission.paragraphs 1, 4, 5 and 8 of Social Responsibility Code Provision (SRCP) 3.4.3 relating to remote customer interaction.In line with our Statement of Principles for Licensing and regulation, the Licensee will make a payment in lieu of a financial penalty of £375,000. Details of this are set out under the heading Regulatory Settlement.Further information about this case can be found on the Gambling Commission’s public statement, which can be found here: Football Pools Limited Public Statement