“Consumers in Britain have the right to know that there are checks and balances in place which will help keep them safe and ensure gambling is crime-free – and we will continue to crack down on operators who fail in this area.” Richard Watson, the Gambling Commission executive director, said: “Our investigation uncovered systemic failings in respect of both Mr Green’s social responsibility and anti-money laundering controls which affected a significant number of customers across its online casinos. In another case, Mr Green accepted a photograph of a laptop screen showing currency in dollars on an alleged cryptocurrency trading account as adequate source of funds proof. Gambling companies have to check customers’ source of funds to ensure they are not laundering money or betting more than they can afford, indicating a possible gambling addiction.
The company also accepted 10-year-old evidence of a £176,000 claims payout as satisfactory evidence of the source of funds of a customer who deposited more than £1m.
It criticised Mr Green for a series of transgressions of its gambling licence, including failure to perform any checks on a customer who won £50,000, squandered the lot on new bets and then deposited thousands more.
