Skill on Net Ltd fined UK£305,150 for gambling ML risk and control failings

Cyprus-based gaming operator Skill on Net Limited, which runs 50 websites, is to pay UK£305,150, and UK£9,079 towards investigation costs, over UK Gambling Commission findings of deficiencies in its anti-money laundering framework and protections for customers at risk of harm from their betting.

Cyprus-based gaming operator Skill on Net Limited, which runs 50 websites, is to pay UK£305,150, and UK£9,079 towards investigation costs, over UK Gambling Commission findings of deficiencies in its anti-money laundering framework and protections for customers at risk of harm from their betting.