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UKGC Charges SkillOnNet ￡305,150 Over AML and Social Responsibility Failings

  • The ￡305,150 ($378,791) payment to the UKGC is “in lieu of a financial penalty”
  • SkillOnNet operates 50 websites, with many of them white-label operations
  • The firm will conduct an independent third-party audit of its policies
Andrew O’Malley

SkillOnNet logo
The UKGC has charged SkillOnNet ￡305,150 ($378,791) for various anti-money laundering (AML) and social responsibility failings.

The UK Gambling Commission (UKGC) has charged SkillOnNet ￡305,150 ($378,791) for anti-money laundering (AML) and social responsibility failings. This payment is “in lieu of a financial penalty” and the funds will go towards socially responsible causes.

SkillOnNet operates 50 gambling websites, with many of them white-label operations. Its online casino brands include Genting Casino and PlayOjo.

The UKGC confirmed that the company’s breaches took place between January 2021 and December 2022. SKillOnNet failed to carry out sufficient AML risk assessments and its safe gambling policies were also found wanting.

The UKGC takes AML and social responsibility failures very seriously. It took regulatory enforcement action worth a total of ￡76m ($94m) between January 2022 and April 2023.

As well as the voluntary payment, SkillOnNet will also conduct an independent third-party audit of its safer gambling and AML policies within 12 months. The UKGC acknowledged that the company quickly rectified the deficiencies and accepted the failings “in a timely manner.”

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