designerser.blogg.se

In 2022, 888 Holdings – the parent of 888 Casino – agreed to buy the William Hill Group for £1.95 billion ($2.6 billion at the exchange rate at the time). However, Caesars opted to retain only the US operations and to sell the international unit. Many US players may recall that Caesars Entertainment ( Caesars Entertainment 45,29 +4,33%) acquired William Hill for $3.7 billion in 2021. 888 Bought William Hill’s Non-US Assets In 2022

UKGC will also impose additional license conditions to ensure improvement and third-party audits. UKGC will use all £19.2 million for socially responsible purposes as part of a regulatory settlement. The company is also accused of failing to block hundreds of customers who have self-excluded from other websites within the company’s umbrella. That includes alleged insufficient controls to protect new customers, UKGC claiming it didn’t identify customers at risk of gambling-related harm, and allegedly allowing large deposits without proper checks. William Hill’s alleged failures include many responsible gambling policies. What Were the Alleged Compliance Failures? It reasoned that they immediately recognized their alleged failings and cooperated in implementing improvements. UKGC decided not to suspend the licenses of these companies. Green Limited will pay £3.7 million ($4.6 million), and William Hill Organization Limited will pay £3 million ($3.7 million). WHG International Limited will pay £12.5 million ($15.5 million), Mr. The fine is the largest enforcement payment in UKGC’s history.

The United Kingdom Gambling Commission (UKGC) has fined three gambling companies under the William Hill Group (WHG) a total of £19.2 million ( $23.8 million in today’s exchange rate) due to alleged social responsibility and anti-money laundering failures.