MrQ to pay £690,947 in regulatory settlement with the Gambling Commission

After conducting a compliance evaluation in September 2022, The Gambling Commission started a regulatory review of Mr. They now have to make a regulatory settlement payment of £690,947.

The payment will be made by the operator as a component of a settlement with the Commission. Socially responsible causes will receive the whole £690,947.

According to the regulatory review, MrQ's procedures for preventing money laundering and safeguarding people from damage or exploitation by gambling have flaws.

Between July 2021 and September 2022, the crimes were committed.

 

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It is of utmost importance that all entities involved in the gambling industry give utmost priority to transparency, implementing responsible gambling measures, and ensuring strict compliance with regulatory obligations.