Posted on: August 23, 2025, 02:46h.
Last up to date on: August 22, 2025, 01:47h.
- ProgressPlay has been fined by the UK Gambling Commission
- The UKGC says the B2B iGaming provider violated anti-money laundering rules
On Thursday, the UK Gambling Commission assessed ProgressPlay a £1 million (US$1.35 million) high-quality for regulatory shortcomings.
Headquartered in Limassol, Cyprus, ProgressPlay holds a license from the UK Gambling Commission that permits the corporate to have interaction within the enterprise of on-line casinos, distant sports activities betting, and web bingo video games. ProgressPlay is primarily a business-to-business iGaming software program supplier, however the white label operator moreover operates its personal on-line gaming platforms.
The UKGC says a Gambling Commission compliance evaluation turned up grave findings, together with anti-money laundering and social accountability failings. It marks the second time that such a probe discovered ProgressPlay noncompliant.
This case marks the second time ProgressPlay Limited has been topic to enforcement motion by the Gambling Commission. Its failure to satisfy AML obligations, together with the gaps recognized in its social accountability processes, are unacceptable,” mentioned John Pierce, the UKGC’s director of enforcement and intelligence.
ProgressPlay runs 18 on-line gaming domains and is a third-party operator for greater than 100 others that function throughout the United Kingdom.
ProgressPlay’s on-line manufacturers embrace Aced Bet, Push Bet, Bet Steve, Lotto Zone, and UK Slots. The firm’s white label platforms embrace Funky Jackpot, Lucky Buck Bets, Hot Wins, and LuckyMetropolis.
AML Failures
The breadth of the UKGC’s report centered on ProgressPlay’s continued failure to handle cash laundering. The probe concluded that the corporate didn’t conduct applicable Money Laundering and Terrorist Financing (MLTF) threat assessments and didn’t implement safeguards to attenuate the danger of MLTF.
The UKGC mentioned the iGaming firm did not take a “sufficiently risk-based approach” to anti-money laundering, and repeatedly didn’t confirm clients’ supply of funds, their enterprise actions, and their threat profile, all of that are required underneath the UK’s on-line playing legal guidelines.
As for social accountability, the UKGC report mentioned ProgressPlay should make a lot progress to observe buyer exercise, particularly, the sooner identification of potential playing hurt. Investigators discovered ProgressPlay to have insufficient intervention protocols, and its customer support representatives weren’t correctly skilled to work together and help with potential downside gamblers.
Fine, Assessment
The UK Gambling Commission, along with the seven-digit high-quality, ordered an impartial third-party audit as soon as ProgressPlay implements adjustments to handle its regulatory shortcomings. ProgressPlay should pay for the audit, with the corporate being appointed by the UKGC.
Operators needs to be in little question: repeated regulatory breaches will end in more and more extreme enforcement motion. We urge all operators to look at the failings recognized on this case and take proactive steps to strengthen their very own methods and controls,” Pierce added.
The £1 million high-quality in opposition to ProgressPlay follows a £175,718 settlement in opposition to the corporate in May 2022 for related regulatory shortcomings.
The largest high-quality ever handed down by the UKGC got here in 2023 when William Hill was hit with a £19.2 million penalty for AML and social accountability failures. The UKGC mentioned clients have been, for years, allowed to make giant deposits and gamble extensively with none intervention from the web on line casino and sportsbook operator. Most of the £19.2 million was directed in direction of socially accountable gaming initiatives all through the UK.
