he UK Gambling Commission announced Wednesday that it has imposed a series of measures on Silverbond Enterprises Limited following a regulator’s investigation into its Park Lane Club in Mayfair.
The land-based casino has received a £1.8m fine (USD 2.2 M), an operator license warning and had additional conditions added to its license for social responsibility and money laundering failings.
Silverbond Enterprises Limited has received a £1.8m fine, an operator licence warning and had additional conditions added to its licence for social responsibility and money laundering failings. https://t.co/uMEa11xIDs pic.twitter.com/DWEqlH2dcF— Gambling Commission (@GamRegGB) 11 de septiembre de 2019
Such failures included not recognizing the indicators of potential problem gambling such as a customer displaying violent behavior which included threatening staff and damaging of property, a customer asking for his winnings to be transferred to his personal bank account to prevent him playing further, and a customer of the casino asking to increase the maximum amount that could be deposited by cheque.
Money laundering failings included the operator’s compliance procedures not detailing how anti-money laundering policies were to be implemented and failing to carry out enhanced due diligence on 61 customers.
Two personal management license holders at Park Lane Club have also received formal warnings and informed they must improve their record on protecting players and preventing money laundering.