UK Gambling Commission Fines Leeds Casino For Failing to Protect Customers Against Losses

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 investigation discovered that VGC had failed in its responsibility towards its customers who were susceptible to gambling-related harms. The Commission also uncovered a compliance issue where the operator failed to implement the correct anti-money laundering procedures for these customers.

As 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

Ciaran McEneaney

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.