Great Britain’s Gambling Commission has issued a £1 million ($1.3 million) fine to white-label operator ProgressPlay after a compliance assessment revealed a series of anti-money laundering (AML) and social responsibility failings.
Headquartered in Cyprus, ProgressPlay owns 134 gambling websites including Acedbet.com, Casinomite.com and Playmagical.com. It holds a licence in Great Britain, as well as in Ireland and Malta.
Detailing the case, the commission said ProgressPlay had breached several licence conditions. It had also failed to comply with certain social responsibility code and ordinary code provisions. Breaches took place between August 2021 and August 2024.
As such, it was ordered to pay the fine and handed a formal warning by the commission.
