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According to a Wednesday report from the British Broadcasting Corporation (BBC), PT Entertainment Services (PTES) Limited was being examined by the Gambling Commission for alleged failings into the way its VIP scheme had checked whether players could actually afford their losses.According to a Wednesday report from the British Broadcasting Corporation (BBC), PT Entertainment Services (PTES) Limited was being examined by the Gambling Commission for alleged failings into the way its VIP scheme had checked whether players could actually afford their losses.Learning lessons:However, McArthur used the press release to pronounce that the regulator is continuing its investigations into PTES Limited even though the firm has ceased trading ‘as the lessons from this tragic case must be learned by all operators’....
Customer care:The poker game night food cimcBBC reported that the regulator initiated its enquiry into PTES Limited after being contacted by the family of a young man who had committed suicide while holding gambling-related debts with the operator said to be worth approximately ￡34,000 (,690). The regulator’s investigation purportedly determined that the operator had moreover provided the Sheffield-based customer with VIP status without first verifying whether he could indeed afford the amounts of money with which he was gambling. The developer is looking to accelerate its growth plan...
Operators must do everything in their power to interact with customers responsibly.”Advanced assessment:In responding to the findings of the investigation, London-listed Playtech reportedly told the BBC that it had decided to close the websites run by PTES Limited prior to the initiation of the Gambling Commission’s action.uk reportedly surrendered its license last year before the damning results of an official investigation into its social responsibility and anti-money laundering processes could be released....
Severe shortcomings:The Gambling Commission used an official Wednesday press release to proclaim that its inquiry had uncovered ‘serious systemic failings’ in the now-shuttered operator’s anti-money laundering and social responsibility protocols alongside ‘more general failings’ regarding the way the firm had ‘interacted with its highest spending customers. It purportedly furthermore explained that its subordinate’s United Kingdom license had already been due to expire in October, which is the same month it had made a charitable donation worth ￡620,000 (0,800), and that it has since ‘invested significantly’ so as to ensure similar breaches do not re-occur.In the United Kingdom and the operator behind the iGaming domains at TitanBet....
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