Social responsibility and AML breaches

UKGC imposes $840K+ fine on Jumpman Gaming and Progress Play, which run over 440 casino websites

2022-05-17
United Kingdom
Reading time 1:16 min

The UK Gambling Commission has fined Jumpman Gaming and Progress Play a combined total of £675,000 ($841,468) in regulatory settlements after investigations discovered social responsibility and anti-money laundering failures.

This will see Guernsey-based Jumpman, which runs 243 websites under casino and bingo licenses, pay the lion’s share of £500,000 ($623,000); while Cyprus-based  Progress Play, which boasts 201 digital gambling entities, has been penalized £175,718.

Leanne Oxley, Gambling Commission Director of Enforcement and Intelligence, said: “We will always clamp down on operators who fail in their obligations to keep gambling safe and crime-free. We encourage other operators to consider the failings identified in these cases carefully, and consider what improvements they can make in their own businesses.”

The inquiry into Jumpman Gaming, undertaken between February and July 2020, used a sample of customers that opened accounts during this period.

The regulatory review found failings in the implementation of anti-money laundering policies, procedures and controls, as well as deficiencies in its responsible gambling policies, procedures, controls and practices, including weaknesses in implementation.

The settlement consists of the aforementioned payment in lieu of a financial penalty that will be directed towards delivering the National Strategy to Reduce Gambling Harms.

Furthermore, an agreement to the publication of a statement of facts in relation to this case has also been issued, alongside a payment of £13,594.30 ($16,952) towards the Commission’s costs of investigating the case.

A review into Progress Play, which commenced on August 14, 2022, found failings in the group’s processes aimed at preventing money laundering and protecting vulnerable people.

Taking into account remedial action taken by the group, a £175,718 ($219,126) payment in lieu of a financial penalty was issued. This will also be directed towards delivering the National Strategy to Reduce Gambling Harms.

Progress Play will also pay Commission costs of £12,466.35 ($15,545), and agree to the publication of a statement of the facts in relation to this case.

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