UKGC Fines Rank Group £5M for AML and Social Responsibility Failures

The UK Gambling Commission (UKGC) has settled with Rank Group PLC and three operators owned by the company for a total of £5m. The regulator investigated and discovered deficiencies in the company’s anti-money laundering and social responsibility obligations, ordering the payment of the money, as well as an independent audit of AML practices.

UKGC Executive Director of Operations Sue Young said: 'Larger enforcement cases are often associated with online gambling but, as today’s announcement shows, the risks of anti-money laundering and social responsibility failures are equally alive in the land-based sector.' The regulator cautioned that Rank Group PLC’s settlement should serve as an example to other operators.