NetBet fined $850K after failures in AML and social responsibility

NetBet Enterprises Limited has been fined £650,000 ($850,400) after the UK Gambling Commission found AML and social responsibility failures.

An investigation from the UKGC has found anti-money laundering and social responsibility failures at online gambling business NetBet Enterprises Limited. The company, which runs NetBet and partners with various casino games providers, must now pay £650,000 towards socially responsible causes and undergo an independent audit.

NetBet Enterprises Limited will pay £650,000 after a Commission investigation revealed anti-money laundering and social responsibility failures.

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