Online gambling firm Spreadex fined £2m for social responsibility failings

PointsBet fined $500,000 after spamming customers with gambling ads

Online gambling provider PointsBet Australia has been fined for sending spam messages and marketing material to people who had registered to be excluded. Some experts have called on the federal government to set up a national gambling regulator.

Online gambling firm Spreadex fined £2m for social responsibility failings

The Gambling Commission said the firm did not appropriately engage with a customer who hit a daily deposit limit of £3,340 12 times in 14 days.

UKGC fines Spreadex £2M over repeated compliance failures

Spreadex has been fined £2 million by the UK Gambling Commission for breaching anti-money laundering (AML) and social responsibility rules, marking the second enforcement action against the operator. The violations were uncovered during a compliance review in July 2023 and relate to Spreadex’s license to offer casino and fixed odds betting in Britain. The breaches occurred between September 2022 and November 2023. In addition to the financial pe…

High stakes: Gambling giant Spreadex fined for regulatory breaches, again - VinciWorks

The UK Gambling Commission took decisive enforcement action with its levying of a £2 million fine against Spreadex Limited. The fine underscores the huge gambling firm’s ongoing and repeated failures to comply with essential anti-money laundering (AML) and social responsibility obligations. This marks the second time in just three years that Spreadex has been penalised. The company was fined £1.36 million in 2022 for similar breaches. A repeat o…