Regulation
UK Gambling Commission Considered Suspending Evolution Licence Over AML Failures Before Settling for 4.75 Million Pounds
The UK Gambling Commission settled with Evolution for 4.75 million pounds after finding the company's anti-money laundering risk assessments were outdated and its games appeared on six unlicensed UK websites for approximately 11 months. The Commission stated the failings were serious enough to consider suspending Evolution's UK licence, though it ultimately pursued a financial settlement alongside an independent audit requirement.
iGaming Daily Newsroom··7 min read