Greentube Alderney (Admiralcasino and Bell Fruit Casino) paid the UKGC for lapses in AML and social responsibility
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The Gambling Commission in Great Britain has levied a settlement action against Greentube Alderney for money laundering-related violations and social responsibility shortcomings. The NOVOMATIC company holds five license types in the UK and operates Admiralcasino and Bell Fruit Casino there.
Greentube Alderney paid the UKGC £685,000 for lapses in AML and social responsibility.
Failure to conduct proper assessments of money laundering risks and prevent money launderers.
Greentube accepted the Risk Assessment provided by the UK Commission. It did not explicitly acknowledge that it would keep written records of steps taken to assess the risks of money laundering. The company’s processes during the period unduly relied on an assessment that slot games were a lower risk product. Some players lost significant sums before Source of Funds requests were triggered. Employees did the wrong thing when they did interrogate customers on their source of funds.
Greentube failed to inform the Commission within five days of filing suspicious activity reports to the National Crime Agency. Greentubes sometimes relied on monthly loss limit triggers rather than customer interactions to determine if gambling might be happening at its properties. The Commission will take firm action against operators who fail to meet the high standards it expects for consumers.
