Buzz Bingo says that all issues regarding its recent fine from the Gambling Commission have been addressed
Buzz Bingo says that all issues regarding its recent fine from the Gambling Commission get been addressed.
The statement - from Saint Dominic Mansour, COO, Digital, Buzz Bingo - is inwards response to the £780,000 ($1.04m) fine the fellowship was ordered to pay past the Gambling Commission for social responsibility and anti-money laundering failures.
The group, which operates the land site buzzbingo.com, received a formal warning and penalty fee from the regulator. According to the Gambling Commission, the failures took place 'tween Oct 2019 and December 2020.
Buzz Bingo has since responded, with Mansour notification Gambling Insider: “One of Buzz Bingo’s nucleus values has always been to place players world-class and protect those that are vulnerable. Buzz Bingo is fully committed to ensuring it meets the highest standards of compliance crosswise its digital platform buzzbingo.com, including its anti-money laundering and social responsibility obligations.
“The amercement from the Gambling Commission relates to legacy issues that make at present been addressed. Buzz Bingo has reviewed and overhauled all its compliance measures and is sure-footed that current policies and processes now fit the standards set.
“Moreover, Buzz Bingo has increased its electric current and ongoing investment funds to heighten all its danger and compliance processes to continually improve participant protection.”