i-law

Money Laundering Bulletin

Ladbrokes Coral Group to pay UK£5.9m for AML and social responsibility breaches

Bookmakers Ladbrokes Coral Group (LCG), now part of GVC, will pay UK£5.9 million after the UK Gambling Commission discovered “systemic failings” in its controls against money laundering and to prevent harm to customers through excessive betting. [1]

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