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Online casino 32Red fined 2m for failing problem gambler

32Red The commission’s executive director, Richard Watson, said: “Instead of checking on the welfare of a customer displaying problem gambling behaviour , 32Red encouraged the customer to gamble more. This is the exact opposite of what they are supposed to be doing. “Operators must take action when they spot signs of problem gambling and should be carefully reviewing all the customers they are having a high level of contact with.” 32Red, which has products including a slots game featuring the TV presenters Ant and Dec, gave the customer VIP status in February 2013, according to the commission’s ruling. Over more than two years, there were 22 occasions on which the customer made comments the regulator said “could indicate problems with gambling”. The company only reviewed the customer’s account after they won a seven-figure sum and immediately staked the winnings on a new bet. By the time their account was suspended, they had deposited £758,000. 32Red also breached rules designed to prevent money laundering, the commission said, because it did not check the source of the customer’s wealth. The customer’s monthly net salary was £2,150, but their average monthly deposit was £45,000, the commission said, adding that 32Red had accepted evidence of the customer’s wealth that was “not credible”. Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDesk The company, part of the Swedish-owned but Malta-based Kindred Group, accepted the penalty and has made changes to its procedures.

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