The UK Gambling Commission (UKGC), the regulatory authority overseeing gambling activity in Great Britain, is introducing a major shift in the way it calculates financial penalties for operators who breach regulatory obligations. Beginning 10 October 2025, the Commission will assess the severity of fines by referencing a company’s gross gaming yield (GGY)—effectively tying the financial impact of a penalty to the operator’s revenue during the period of non-compliance....
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iGaming News, Laws
January 9, 2025
UKGC Imposes £1 Million Fine on Greentube Alderney
The UK Gambling Commission has imposed a £1 million ($1.23 million) penalty on Greentube Alderney, the operator trading as Admiral Casino, following a detailed investigation that revealed significant breaches in...
Companies & People, iGaming News, Laws
August 29, 2024
The Farce of AML in Online Casinos – Bally Casino UK
Just when you think online casinos are under strict scrutiny for anti-money laundering (AML) practices, the reality reveals a complex web of oversight that often falls short. While regulations exist...