Casino group fined £13m for failing to enforce anti-money laundering measures
Friday 3rd April 2020
A CASINO group has been fined £13 million after "systemic failings" involving money laundering.
Caesars Entertainment was rapped by the Gambling Commission for neglecting to enforce anti-money laundering measures and allowing vulnerable customers to lose thousands of pounds.
The firm owns London Clubs Brighton Ltd, which runs the Rendezvous in Brighton Marina. Caesars has ten other casinos across the country.
The marina casino's licence to operate is now being reviewed by the Gambling Commission.
Watchdog chief Neil McArthur said Caesars' failings were "extremely serious".
"A culture of putting customer safety at the heart of business decisions should be set from the very top of every company and Caesars failed to do this," he said.