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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’.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’. Operators must do everything in their power to interact with customers responsibly....
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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 Isle of Man-headquartered firm could have purportedly been penalized to the tune of up to £3.Customer care:The online cas ino real money in usa bvukBBC 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)....
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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.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. 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....
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”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.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.3 million) but escaped any such sanction by pre-emptively forsaking its license....
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