The UK Gambling Commission has announced that it has fined VGC Leeds Limited, the company that runs Victoria Gate Casino, a total of £450,000 following an investigation that revealed social responsibility and anti-money laundering failures at the casino.
The Commission launched an investigation into the company’s handling of 10 customers following an issue that was identified during a standard compliance assessment that took place in July of 2019.
UK Gambling Commission Fines Leeds Casino For Failing to Protect Customers Against Losses UK Gambling Commission Fines Leeds Casino For Failing to Protect Customers Against Losses UK Gambling Commission Fines Leeds Casino For Failing to Protect Customers Against LossesAs result of the findings the Commission has fined VGC £241,000 to ‘represent divestment of the amount of financial gain accrued as a result of the accepted failings’, and a further £209,000 in lieu of a financial penalty. VGC must also pay the Commission costs of £21,578.17 for the investigation.
Speaking of the fine, Helen Venn, Commission Executive Director, said:
“These failings were identified as part of our ongoing drive to raise standards across the whole gambling industry. All operators should be very aware that we will not hesitate to take action against those who fail to follow rules that are in place to make gambling safer and prevent it being a source of crime.
UK Gambling Commission Fines Leeds Casino For Failing to Protect Customers Against Losses
The Commission also noted that VGC had assisted with the investigation and was fully aware of the seriousness of the issues.
