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In the United Kingdom and the operator behind the iGaming domains at TitanBet.Severe shortcomings:The Gambling Commission used an official Wednesday press release to proclaim that its inquiry had uncovered ‘serious systemic failings’ in the now-shuttered operator’s anti-money laundering and social responsibility protocols alongside ‘more general failings’ regarding the way the firm had ‘interacted with its highest spending customers.co....
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I want to thank them for their bravery in bringing his case to our attention and we are grateful for the way they have worked with us in such terrible circumstances so that we could understand what happened.’Individual inspection:Neil McArthur (pictured), Chief Executive for the Gambling Commission, detailedjackpot slots party that the regulator is continuing to examine the roles played by key PTES Limited figures who still hold personal licences and will take appropriate action following the completion of further enquiries.Reflex Gaming, a well-known omni-channel game machine supplier as well as digital games developer, is now part of the YG Masters program of Yggdrasil....
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I want to thank them for their bravery in bringing his case to our attention and we are grateful for the way they have worked with us in such terrible circumstances so that we could understand what happened.”Advanced assessment:In responding to the findings of the investigation, London-listed Playtech reportedly told the BBC that it had decided to close the websites run by PTES Limited prior to the initiation of the Gambling Commission’s action. It purportedly furthermore explained that its subordinate’s United Kingdom license had already been due to expire in October, which is the same month it had made a charitable donation worth ￡620,000 (0,800), and that it has since ‘invested significantly’ so as to ensure similar breaches do not re-occur....
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According to a Wednesday report from the British Broadcasting Corporation (BBC), PT Entertainment Services (PTES) Limited was being examined by the Gambling Commission for alleged failings into the way its VIP scheme had checked whether players could actually afford their losses.co. We will shortly be opening a consultation to make permanent changes to the way operators recruit and incentivise high-value customers....
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Learning lessons:However, McArthur used the press release to pronounce that the regulator is continuing its investigations into PTES Limited even though the firm has ceased trading ‘as the lessons from this tragic case must be learned by all operators’.3 million) but escaped any such sanction by pre-emptively forsaking its license.uk reportedly surrendered its license last year before the damning results of an official investigation into its social responsibility and anti-money laundering processes could be released....
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