The Lithuanian Gambling Supervisory Service has issued a fine of €15,000 to Top Sport for allowing a user to make deposits to their account using another person’s debit card.
During an unscheduled inspection of Top Sport’s business practices, the regulator found that a user made deposits totaling €14,965 to their own account using a card in another person’s name. According to Article 205, paragraph 1, of Lithuania’s Gambling Act, this is strictly prohibited with the gambling operator tasked with taking measures to ensure it does not occur.
Following the investigation, the regulator decided to fine Top Sport €15,000. The fine must be paid in full immediately as there is no appeal process against any financial penalties issued.
Lithuanian Gambling Regulator Fines Top Sport For AML Failings
Ciaran has been working within the Gambling Industry as a deep analyst since 2019. His deep knowledge and understanding of all the gambling regulations, and processes makes him a true asset, and an always valuable point of view for Gambling Industry News, allowing us to cover every topics from a brand new perspective.