Spreadex Faces £2 Million Fine for Anti-Money Laundering and Social Responsibility Failures
Gambling operator Spreadex Limited has been fined £2,022,000 following a Britain’s Gambling Commission investigation that uncovered significant shortcomings in its anti-money laundering (AML) and social responsibility practices. The penalties stem from compliance failures identified during an assessment in July 2023, related to Spreadex’s licence for casino and fixed odds betting operations via Spreadex.com. Serious AML failures uncovered: The regulator found that Spreadex’s […]
Gambling operator Spreadex Limited has been fined £2,022,000 following a Britain’s Gambling Commission investigation that uncovered significant shortcomings in its anti-money laundering (AML) and social responsibility practices. The penalties stem from compliance failures identified during an assessment in July 2023, related to Spreadex’s licence for casino and fixed odds betting operations via Spreadex.com. Serious AML failures uncovered: The regulator found that Spreadex’s […]
