Bet365 Warned by Danish Regulator

This story was published more than 1 year ago.

Gaming operator bet365 has been issued a warning by Denmark's gaming regulator Spillemyndigheden after failing to meet standards related to due diligence related to a case where a player spent DKK190,000 over the course of a year with no investigation from the company.

The betting company was found to have violated the country's Money Laundering Act, with bet365 failing to obtain information on the player's income and failing to carry out any form of investigation related to the player.

Spillemyndigheden had a variety of ways that they could have gone with in regard to doling out punishment. The regulator chose a warning over a financial fine, injunction, or reporting the case to the police. Paramount in that decision was bet365 revealing that they've implemented new procedures to ensure compliance with due diligence and anti-money laundering responsibilities.

No comment from either group was made available as of press time.

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About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.