GC gives ruling after investigation into online operators

The regulatory body found that BGO Entertainment Limited, GAN PLC and NetBet Enterprises Limited were not doing enough to prevent money laundering and keep consumers safe in the period between September 2018 and March 2020.

As a result, the GC has imposed stricter license conditions for both BGO and GAN, while all three operators must ensure they improve their policies and procedures to meet with GC expectations. In all the cases, the GC will also be reviewing the actions of the individual Personal Management License holders.

Commenting on the situation, Richard Watson, executive director of the GC, said: “Licensees must protect consumers from harm and treat them fairly.

“Our recent investigations uncovered a variety of consumer protection and anti-money laundering failings at each of these three operators and as a result we are using a range of enforcement tools against them. 

“We will continue to crack down on failing operators through our tough and proactive compliance and enforcement work.” 

Stay updated with GI

Follow Gambling Insider for independent news, analysis and industry expertise.

Add as a preferred source on Google

Owain Flanders

Journalist

Owain Flanders is a journalist who spent over a year with Gambling Insider, first joining as an Editorial Intern in August 2019 before progressing to Staff Writer from November 2019 to December 2020. During his tenure, he covered a wide range of developments across the global gambling and iGaming sectors, producing original news stories, in-depth features and analytical pieces for the Gambling Insider website and its bi-monthly magazine.

Owain interviewed CEOs, analysts and senior marketing executives on emerging trends, regulatory issues and commercial strategy, bringing authoritative insight to a professional B2B audience.

Visit Profile