The UK Gambling Commission has announced that both Jumpman Gaming Limited and Progress Play Limited will pay a combined total of £675,000 (€802,438) in regulatory settlements following investigations that uncovered social responsibility and anti-money laundering failures.
Jumpman Gaming
Jumpman Gaming runs 243 gambling websites and has been fined £500,000 (€594,399).
The regulatory review into the company’s business practices in relation to its websites found that anti-money laundering (AML) protocols were not followed correctly while the company also failed to promoter safer gambling and, as a result, failed to protect those vulnerable to the harms of problem gambling.
UK Gambling Commission Fines Jumpman Gaming and Progress Play- Failing to implement protocols designed to prevent money laundering and terrorist financing
- Breaches of Anti-money laundering measures for operators based in foreign jurisdictions
Safer Gambling:
- Failing to comply with Social Responsibility best practices including customer interaction
Progress Play Limited
Progress Play Limited runs 201 gambling websites and has been fined £175,718 (€208,865).
UK Gambling Commission Fines Jumpman Gaming and Progress Play UK Gambling Commission Fines Jumpman Gaming and Progress PlayAnti-money laundering (AML):
- Failing to implement protocols designed to prevent money laundering and terrorist financing
- Breaches of Anti-money laundering measures for operators based in foreign jurisdictions
Safer gambling:
- Failing to comply with Social Responsibility best practices including customer interaction
Both fines will be paid directly to the National Strategy to Reduce Gambling Harms.
