GC orders two operators to pay £675,000 in regulatory settlements

By Gambling Insider

The Gambling Commission has ordered two online gambling businesses to make payments totalling more than £675,000 ($836,535).

Jumpman Gaming and Progress Play will pay £500,000 and £175,718 respectively for anti-money laundering (AML) and social responsibility failures. Their payments will be made to the National Strategy to Reduce Gambling Harms.

Following investigations by the Gambling Commission, similar concerns were raised in regard to both operators’ activity. These included AML shortcomings and a failure to adequately safeguard vulnerable players.

In particular, both Jumpman Gaming and Progress Play failed to comply with certain licence conditions and codes of practice, such as paragraphs two and three of Licence Condition 12.1.1, requiring measures for the prevention of money laundering and terrorist financing.

Likewise, both were found wanting in regard to Licence Condition 12.1.2, requiring operators based in foreign jurisdictions to comply with the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017.

Jumpman Gaming and Progress Play were further found wanting when it came to several social responsibility code provisions designed to identify and mitigate gambling harm.

Multiple incidents were highlighted, including one Jumpman Gaming customer who “lost over £20,000 in approximately six weeks before any consideration was given to affordability.”

However, the Gambling Commission did outline mitigating factors, adding that both firms cooperated in a timely and transparent manner.  

“We will always clamp down on operators who fail in their obligations to keep gambling safe and crime-free,” said Leanne Oxley, Gambling Commission Director of Enforcement and Intelligence.

“We encourage other operators to consider the failings identified in these cases carefully, and consider what improvements they can make in their own businesses.”

Combined, Jumpman Gaming and Progress Play operate 444 websites, including domains such as 777cherry.com and luckywinslots.com.

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