BoyleSports has been fined £2.8M (€3.15M) by the UK Gambling Commission for anti-money laundering (AML) failures.

The Ireland-based operator was found to be using unsuitable and ineffective AML policies for its Boylesports.com and Boylecasino.com sites. 

As a result, in addition to the fine, stricter conditions have been applied to the operator’s license. These include the requirement to appoint a qualified Money Laundering Reporting Officer, and to ensure all staff, including senior management, undertake AML training. 

Commenting on the case executive director of the Gambling Commission, Richard Watson, said:

“It is vital that all gambling businesses have effective anti-money laundering policies and procedures firmly in place and as part of our ongoing drive to raise standards we will continue to take tough action against operators who do not.”

Earlier this month, the UKGC also revoked the license of Silverbond Enterprises, operator of Park Lane Casino, London, after changes regarding the control of the company. 

Staying with BoyleSports, at the end of October, the company extended its partnership with gambling technology company Playtech for another five years. 

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