Netbet Enterprises Limited
The UK Gambling Commission has taken action against Netbet Enterprises Limited following a regulatory review. The operator will make a payment of £650,000 after failings were found in its anti-money laundering and social responsibility procedures. This action was finalised on 5 November 2025.
Summary
Financial Penalty
£650,000
What This Means for Consumers
Despite this regulatory action, Netbet Enterprises Limited remains licensed by the UKGC and can continue to operate. Customers should be aware of these past compliance failures when using its services.
Full Details
The Gambling Commission (UKGC) found failings in Netbet Enterprises Limited’s compliance controls between October 2023 and July 2024. Following a review, the company agreed to a Regulatory Settlement which includes a payment of £650,000. This payment is made in place of a formal financial penalty and requires the company to issue a public statement about its shortcomings.
The investigation uncovered multiple breaches related to the operator's online casino and betting services. The UKGC identified that Netbet Enterprises Limited didn't have appropriate risk assessments to prevent money laundering (LC 12.1.1) and had failed in its customer interaction duties (SRCP 3.4.3). The operator also fell short on other marketing rules (SRCP 5.1.9) and failed to submit required regulatory returns (LC 15.3.1).
Key Findings
- Payment of £650,000 as part of a regulatory settlement.
- Failures in Anti-Money Laundering (AML) and Social Responsibility (SR) controls.
- Breaches occurred between October 2023 and July 2024.
- Violations included failures in customer interaction (SRCP 3.4.3) and risk assessments (LC 12.1.1).
Timeline
| Action Date | 5 November 2025 |
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