The post UK Sportsbook Operator’s Paperwork Slip-up Potentially Reveals Illegal Offshore VIP Activity appeared first on Vegas Slots Online News.
The UK Gambling Commission (UKGC) wants an unnamed sportsbook operator to disclose financial documents after the company accidentally submitted paperwork that suggested it could be sending high rollers to an illegal offshore online gambling operation.
The Guardian first reported the story, stating that the operator in question is a frequent sponsor of sporting events and handles billions in wagers every year.
some text was written on a white background with white coloring
A slip-up happened during a standard document disclosure when the operator included documents that revealed relationships with offshore entities. Employees at the regulator noticed that some text was written on a white background with white coloring.
The UKGC reportedly suspects that the operator may be directing some VIP players to offshore entities, thereby subjecting them to less stringent checks. The operator in question denies that this is the case.
An industry source told The Guardian that a company found directing VIPs to offshore sites would likely lose their UK license.
The post UK Sportsbook Operator’s Paperwork Slip-up Potentially Reveals Illegal Offshore VIP Activity appeared first on Vegas Slots Online News.
