UK's gambling regulator fines 32 Red, Platinum Gaming $8.8 mln

Kindred

23/03/2023 07:24

March 23 (Reuters) - UK's Gambling Commission said it
imposed a 7.1 million pounds ($8.8 million) penalty on online
operators 32Red Ltd and Platinum Gaming Ltd, which are part of
Kindred Group Plc  KINDsdb.ST , for social responsibility and
anti-money laundering failures.
    32Red, which runs 32red.com, will pay a 4.2 million pounds
fine, while Platinum Gaming, which runs unibet.co.uk, will pay
2.9 million pounds, the regulator said in a statement on
Thursday.
 
 ($1 = 0.8113 pounds)

 (Reporting by Aby Jose Koilparambil in Bengaluru; Editing by
Savio D'Souza)
 ((abyjose.koilparambil@thomsonreuters.com; +917483275231;))