20 September 2023
Lindar Media Limited, an online gambling operator, has agreed to a £690,947 settlement with the Gambling Commission after failing to meet social responsibility and anti-money laundering standards. This settlement includes a divestment of £50,947 and the total sum will be directed towards socially responsible causes. The investigation revealed multiple compliance failures during assessments conducted between November 2021 and July 2022, leading to breaches in customer interaction and money laundering prevention protocols. These included ineffective customer risk assessments, inadequate monitoring of high-risk activities, and failures in maintaining appropriate management controls. Additionally, the company was cited for not timely updating its policies in alignment with Gambling Commission guidelines.
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