Gambling Commission suspends bookmaker Goldchip s licence
Leeds-based bookmaker Goldchip has seen its operating licence suspended after concerns were raised over suspected social responsibility and anti-money laundering (AML) failures
Leeds-based bookmaker Goldchip has seen its operating licence suspended after concerns were raised over suspected societal responsibility and anti-money laundering (AML) failures.
The Gambling Commission opted to set aside Goldchip’s licence as it conducts a brush up below discussion section 116 of the Gambling Act 2005. The hanging has been brought into effectuate immediately.
While the regulator did non expose any specific details, it did say: “Activities may make been carried out obstinate to the Act, not in accordance of rights with conditions of their licence and that the licensee may live unsuitable to run on the licensed activities.”
In particular, the Gambling Commission noted suspicions regarding AML and social responsibleness shortcomings, calling them “key considerations” inwards its conclusion to set aside Goldchip’s licence.
Any visitors to Goldchip’s website, Goldchip.com, will live greeted by a substance explaining said suspension.
Alongside contact lens information, this subject matter reads: “The UK Gambling Commission has suspended the remote operating licence held by Goldchip Ltd.
“Goldchip are working with the UK Gambling Commission to resolve this position as presently as possible.”
While customers testament not follow capable to get at Goldchip’s betting services at this time, its hanging does not preclude the operator from allowing consumers to access their accounts and draw funds.
The Gambling Commission stated: “We have made it sort out to the operator that during the course of the suspension, we look it to sharpen on treating consumers evenhandedly and keeping them to the full informed of any developments which impact them.”