Tag Archives: Daub Alderney

EU Lotto fined £760k by UKGC for AML and social responsibility failings

The UK Gambling Commission (UKGC) has taken regulatory action against Lottoland operator EU Lotto, fining the firm £760,000 for social responsibility and anti-money laundering failures.  An investigation by the regulator concluded on 2 September that the company had failed to properly implement Commission’s formal customer interaction guidance, such as neglecting to recognise frequently changing deposit limits as an indicator of …

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Rank aiming to appeal UKGC’s £5.85m fine for Daub failures

The Gambling Commission is playing hardball with the Rank Group as it imposes a £5.85m fine for social responsibility and anti-money laundering failures at subsidiary Daub Alderney. The regulator is adamant  that gambling operators will face the full consequences of regulatory failures, even if breaches occurred prior to ownership, however Rank believes that there are both equity and public policy …

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Rank clears UKGC hurdle in takeover of Stride Gaming

Closing trading on Friday 20 September, the governance of London Stock Exchange-listed Rank Group Plc sanctioned a formal update on the firm’s acquisition of London AIM-listed Stride Gaming Plc. Updating deal stakeholders, Rank governance confirms that its shareholder approved £115 million acquisition of Stride Gaming has met the requisites of the UK Gambling Commission (UKGC). In November 2018, Daub Alderney …

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UKGC hits Stride Gaming with £7m fine for consistent AML & SR failures

Daub Alderney an online gambling subsidiary of London AIM-listed Stride Gaming Plc, has been fined £7.1 million for failing to meet UK Gambling Commission (UKGC) rules and standards on money laundering and protection of vulnerable customers. Concluding an investigation under the mandate of the ‘2015 Gambling Act’, a UKGC review panel found that Daub had consistently failed to: Conduct appropriate monitoring …

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Realistic Games agrees content partnership with Daub Alderney

Realistic Games has completed a deal to deliver content to gaming site owner Daub Alderney Ltd. The agreement will see a multi-channel roll-out of Realistic’s full suite of table and slot games across brands including Kitty Bingo, Lucky Pants Bingo, and Spin and Win. It follows the release of three new slots by the award-winning supplier, alongside baccarat and a new proprietary side …

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