The regulatory review conducted by the UK body found failings in BV Gaming’s processes aimed at preventing money laundering and protecting vulnerable people. Oxley further remarked that non-compliance, no matter what the reason, “will never be a viable business option for gambling businesses,” and warned the UK Gambling Commission “will always be tough” on operators who fail in this way.īV Gaming Limited, trading as BetVictor, will pay a total of £2m after a Gambling Commission investigation revealed fairness, social responsibility, and money laundering failures.
“As a gambling regulator our focus is on ensuring that gambling in Britain is fair, safe and crime-free, and BetVictor failed consumers by breaching rules aimed at achieving these objectives,” said Leanne Oxley, Gambling Commission Director of Enforcement. The money will go to the National Strategy to Reduce Gambling Harms. The operator, which runs a series of sites –, betvictor.mobi, .uk, .uk and .uk – will pay the money as part of a settlement with the Commission, the UK regulator said on Thursday. Online gambling operator BV Gaming Limited, trading as BetVictor, is set to pay a total of £2 million ($2.7 million) in regulatory action after an investigation led by the UK Gambling Commission revealed fairness, social responsibility and money laundering failures.
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