A casino has had its license suspended with immediate effect due to “serious concerns” around anti-money laundering and counter-terrorist financing risks. Victoria Gate Casino was closed on Friday after the Gambling Commission withdrew its operating license and began a review into “significant failings”.
The commission said a recent compliance assessment had raised concerns the casino had “failed to maintain and implement effective anti-money laundering policies, procedures, and controls, as required under the conditions of their license”.
A notice posted in the door of the casino confirmed the suspension but said the venue hoped to welcome back customers soon.
A statement from the Gambling Commission said: “Serious concerns were identified regarding the adequacy of decision-making processes and the licensee’s response to identified anti-money laundering and counter-terrorist financing risks.”
