The Weekly EdgePresented byYour brand hereSubscribe

Feed / Fines & enforcement

PlayCity Hits BetKing Operator With Fresh UAH 4.75m Fine

By The Weekly Edge desk ·

Summary

Ukraine's gambling regulator, PlayCity, has fined Slots U.A. LLC, which runs the BetKing and 777.ua brands, more than UAH 4.75m in total. The largest portion, UAH 4.32m, was for allowing third parties to deposit money into player accounts, and a further UAH 432,350 was for failing to comply with an earlier order to remedy breaches. The article notes a separate fine of just under UAH 5.2m on UAF Marketing LLC for advertising breaches earlier this month.

Why it matters

Third-party deposits and failure to remedy breaches have resulted in substantial fines for BetKing’s operator.

Read the original at iGaming Today

ShareLinkedInX

Related entries

Same companies, regulators or market.