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CNS imposes €20,000 penalty on French betting operator for asset-freezing breaches
By The Weekly Edge desk · · Updated
Summary
France’s CNS fined anonymised online sports betting operator GU €20,000 in a July decision over asset-freezing failures, reported by iGaming Business. The report said sanctions also included suspended two-month bans for GU and two senior executives, with additional fines of €20,000 and €5,000 for the executives.
Why it matters
The decision holds operators and senior executives accountable for failures to enforce asset-freezing obligations and notify the economy minister.