BetConstruct‘s B2C subsidiary, Vivaro Limited (VBet), based in Malta, must pay a fine of £337.631 to the UK Gambling Commission after a series of actions that breached the Gambling Act 2005.
A total of £337.631 will be given to socially responsible causes.
The investigation was conducted between October 2020 and June 2021 and revealed a number of failings by Vivaro Ltd. such as money laundering and terrorist financing, breaches of numerous License Conditions and Codes of Practice and failure to ensure responsible gambling policies and practices.
A total of £337.631 will be given to socially responsible causes.
The investigation was conducted between October 2020 and June 2021 and revealed a number of failings by Vivaro Ltd. such as money laundering and terrorist financing, breaches of numerous License Conditions and Codes of Practice and failure to ensure responsible gambling policies and practices.