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The operator will now purportedly be required to conduct comprehensive appraisals of its top 250 customers every year and regularly track the subsequent effectiveness of any such campaigns.In the United Kingdom and a trio of iGaming firms have reportedly been heavily fined and placed under a revised set of operating conditions after being found wanting with regards to their anti-money laundering and social responsibility duties.Evading examination:The January investigation into GameAccount Network reportedly found that these deficiencies had allowed at least one customer to utilize bank accounts registered under different names as their proof of funds while another had escaped sufficient scrutiny into their declared cryptocurrency assets....

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In the United Kingdom and a trio of iGaming firms have reportedly been heavily fined and placed under a revised set of operating conditions after being found wanting with regards to their anti-money laundering and social responsibility duties.Delinquent duties:The examination launched in September of last year into BGO Entertainment Limited reportedly determined that the Guernsey-based firm had been deficient in its interactions with customers from an anti-money-laundering and social responsibility perspective. The operator will now purportedly be required to conduct comprehensive appraisals of its top 250 customers every year and regularly track the subsequent effectiveness of any such campaigns....

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The Gambling Commission’s examination purportedly found that the Maltese operator behind the NetBet. We are acquiring the operations at a value accretive multiple while also enhancing our interactive offerings.Bungled assessments:Finally, NetBet Enterprises Limited was reportedly likewise chastised after failing in its duties with regards to the prevention of money laundering and the potential financing of terrorism....

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