The UK Gambling Commission, responsible for overseeing gambling activities in the country, has taken action against online gambling operator In Touch Games Limited. The regulator announced the suspension of In Touch Games Limited’s license, impacting several of its online gambling brands, including bonusboss.co.uk, drslot.co.uk, and casino.mfortune.co.uk.
The suspension of In Touch Games Limited’s license follows concerns raised by the UK Gambling Commission regarding possible breaches of established gambling regulations. These concerns have prompted the regulator to initiate a review under section 116 of the Gambling Act 2005.
Areas of Investigation
The Gambling Commission will conduct a thorough investigation to determine if In Touch Games Limited violated its license conditions in several key areas, including:
- Money Laundering: The regulator will assess whether the operator adhered to money laundering prevention measures.
- Reporting of Key Events: The review will examine whether In Touch Games Limited complied with regulations related to reporting significant events.
- Fair and Transparent Practices: The operator’s adherence to fair and transparent terms and practices will also be scrutinized.
Effective immediately, the suspension is in accordance with section 118 (2) of the Gambling Act 2005. The UK Gambling Commission expects In Touch Games Limited to prioritize consumer fairness and provide transparent information about any developments affecting customers.
This is not the first time In Touch Games Limited has faced regulatory action from the UK Gambling Commission. Earlier this year, the company incurred a $7.5 million fine for breaches related to anti-money laundering and social responsibility regulations. In 2021, the operator received a $4.3 million fine for similar violations.
Recent data from the UK Gambling Commission’s 2022/2023 financial year and statistics report revealed that approximately 23.6 million adults in the UK engaged in gambling activities between April 2022 and March 2023. Despite the high number of participants, the prevalence of problem gambling remained relatively low at 0.3%.
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