UKGC fines Fafabet £170K for unfair terms and AML failures

UKGC fines Fafabet £170K for unfair terms and AML failures

The UK Gambling Commission (UKGC) has fined Taichi Tech, the company operating under the brand Fafabet, £170,000 for multiple regulatory breaches, including the use of unfair terms and conditions that could negatively impact consumers. An investigation by the regulator revealed that Fafabet’s bonus terms included a discretionary clause allowing the operator to “close accounts or [……
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