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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. I want to thank them for their bravery in bringing his case to our attention and we are grateful for the way they have worked with us in such terrible circumstances so that we could understand what happened....

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The Isle of Man-headquartered firm could have purportedly been penalized to the tune of up to ￡3. 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.”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....