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UKGC agrees £17m settlement with Entain over online and retail failures
By The Weekly Edge desk · · Updated
Summary
The UKGC said on 17 August 2022 that Entain would pay £17m to settle safer gambling and anti-money laundering breaches. The payment comprises £14m for LC International and £3m for Ladbrokes Betting & Gaming. Additional licence conditions require board oversight of improvements and an independent compliance audit within 12 months.
Why it matters
Entain’s additional licence conditions require board oversight of improvements and an independent compliance audit within 12 months.