Following the release of the investigation’s findings, the UKGC has opted to fine EU Lotto £760,000 and ordered the company to undergo and extensive audit. The company — which runs the lottoland.co.uk website — also received a formal warning in relation to its conduct between October 2019 and November 2020.
In a press release published on the UKGC website, the commission listed EU Lotto’s breaches of UK gambling laws and social responsibility guidelines.
These included:
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UK Gambling Commission Fines EU Lotto and Orders Firm to Go Through Audit Following Money Laundering Failures
- Failing to implement affordability assessments to identify those at risk of harm UK Gambling Commission Fines EU Lotto and Orders Firm to Go Through Audit Following Money Laundering Failures
- Ineffective analysis of bank statements used as proof of address
- No restrictions on accounts following a source of funds request
- Permitting the use of third-party debit cards
“This case, like other recent enforcement action, was the result of planned compliance activity. All operators should be very aware that we will not hesitate to take firm action against those who fail to meet the high standards we expect for consumers in Britain.”
No details were given of when the company must undergo its audit or when the fine must be paid.
EU Lotto has yet to comment on the fines and sanctions.
