Spillemyndigheden issues six orders to RoyalCasino Aarhus
The Spillemyndigheden has recently issued six regulatory orders to RoyalCasio Aarhus.
The regulator issued the orders as a result of the operator’s AML shortcomings, which were broken down into six separate ones for each of the casino’s failures.
Spillemyndigheden’s first order was given due to RoyalCasino Aarhus’s lacking player identification efforts. The regulator stated that the firm failed to conduct appropriate identification assessments, as well as risk checks on its users, including people subject to certain sanctions. The regulator added that the firm also failed to conduct appropriate assessments on players utilizing cash to pay for their bets.
The second order was issued due to the operator having subpar player due diligence procedures, especially for higher-risk users. Its third order, on the other hand, was issued due to RoyalCasino Aarhus failing to follow several of its internal policies relating to its investigation, player registration, reporting, and other procedures.
The regulator’s next order was driven by the RoyalCasino Aarhus’s lacking staff training efforts. The Spillemyndigheden stated that the operator’s training materials for enhanced assessments of high-risk clients, people subject to sanctions, and CTF procedures were insufficient. Its fifth order was for conducting subpar general due diligence on its players, as the regulator stated that in one case the operator failed to verify a player’s account correctly.
Lastly, the regulator added that RoyalCasino Aarhus failed to conduct risk reviews on players from certain high-risk countries by not obtaining an appropriate source of funds from them before letting them make use of its offerings.
The Spillemyndigheden has given the operator three months to update its internal procedures to comply with the country’s AML laws.