Rank Group’s casinos fined £5 million for due-diligence lapses involving crypto gambler
Rank Group’s three casino brands will pay a £5 million penalty after the gambling regulator identified due-diligence failures, including a case where a customer gambled with crypto assets.
Why it matters
It signals tighter regulation of cryptocurrency activity in gambling, affecting industry practices and consumer safeguards.
In this story
Rank Groupcasino operatorsgambling watchdogdue diligence failurescrypto gambling£5 million penaltyanti-money-launderingregulatory breachcryptocurrency
