Sweden’s gambling regulator has fined Flutter Entertainment’s PokerStars operator, TSG Interactive PLC, SEK 7 million ($734,000) for anti-money laundering (AML) failures.
The Swedish Gambling Authority (SGA) said TSG failed to collect adequate information on the source of funds for 10 high-risk customers.
Flutter and PokerStars did not immediately respond to requests for comment.
According to the SGA: “Nine of the ten customers who were included in the Swedish Gambling Authority’s sample during the period under review made deposits without TSG taking adequate and sufficient customer due diligence measures at all or sufficiently promptly.”
The regulator could not assess the tenth customer due to missing documentation. It said several of the customers were young and had deposited large sums.
