Settlement

QuinnBet (Gibraltar) Limited

Account number:

61011

Decision date:

20 August 2026

Outcomes:

Commission costs, Public statement and Payment in lieu of financial penalty

Details

A regulatory review under section 116 of the Act was commenced following a Compliance Assessment of the remote operating licence of QuinnBet (Gibraltar) Limited (hereafter referred to as QuinnBet), licence number 000-061011-R-335683-004.

The review is being concluded by way of a Regulatory Settlement.

The review found failings in QuinnBet’s Anti-Money Laundering / Counter Terrorism Financing (AML/CTF) and Social Responsibility (SR) controls.

QuinnBet failed to comply with the following Licence Conditions and Codes of Practice (LCCP):

• paragraphs 2 and 3 of licence condition (LC) 12.1.1 relating to the prevention of money laundering and terrorist financing
• paragraphs 1, 3, 5 (a, b and c), 7, 8, 9, 11 and 13 of Social Responsibility Code Provision (SRCP) 3.4.3 relating to remote customer interaction
• paragraph 1 of SRCP 3.4.4 relating to financial vulnerability checks.

In line with our Statement of Principles for Licensing and regulation, QuinnBet will make a payment in lieu of a financial penalty of £609,104. Details of this are set out under the heading Regulatory Settlement.

Further information about this case can be found on the Gambling Commission’s public statement, which can be found here: QuinnBet (Gibraltar) Limited Public Statement