UK Gambling regulator issues $2.6M fine to Spreadex

The online operator Spreadex Limited has received a massive £2,022,000 (roughly $2,686,900) penalty fine from the UK Gambling Commission.

This is due to the findings of an investigation in which the operator alleges it ‘revealed’ anti-money laundering and social responsibility failings.

The regulator announced the fine on Thursday (May 15) as it stated “failures were revealed during a compliance assessment in July 2023 and relate to the operator’s Gambling Commission license to offer casino and fixed odds betting.”

Spreadex Limited to pay £2 million for social responsibility and anti-money laundering failures.

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