Gibraltar Issues Formal Caution to Platinum Gaming
The Gibraltar Gambling Commissioner has issued a formal caution to Platinum Gaming following a review of regulatory failings first sanctioned in Great Britain. The decision comes after the GB Gambling Commission imposed a £10 million penalty over social responsibility breaches. Gibraltar authorities assessed the same cases and concluded that a warning was more proportionate than further financial action.
Regulator Reviews Cross-Border Compliance Failures
The Gibraltar Gambling Commissioner examined the circumstances that led to the GBGC’s £10 million penalty. The original case focused on social responsibility shortcomings in Great Britain and a small number of AML control failures recorded in 2023.
Investigators found no evidence of criminal spend, yet they identified weaknesses in due diligence and risk management. These included missing deposit triggers and insufficient checks on accumulated deposits.
- See also: Gibraltar Enforces New Gambling Act 2025
Gibraltar had previously raised concerns about the operator’s trigger system, which added weight to the review. The Commissioner noted that Platinum Gaming made limited financial gain from the cases. After assessing all factors, the authority decided that an additional fine was unnecessary.
Decision Based on Improvements and Timeframe
The regulator said the failings were historical and stemmed from events in 2023, while the GBGC only completed its case in October 2025. It also highlighted that Platinum Gaming had already received a significant penalty from GB regulators.
According to the statement, the company has upgraded its systems and controls under the Gibraltar regime, though an external review is still required for the GBGC’s standards. The Commissioner stated that the failings affected Gibraltar’s reputation, which justified issuing a formal caution.
Check also: Platinum Gaming Fined £10 Million by UK Regulator
However, the operator remains fit and proper due to documented improvements in AML, CFT and CPF processes. The authority reminded all dual-licensed operators that they must comply with regulations in every jurisdiction where they operate. It added that future sanctions abroad will automatically trigger a Gibraltar review and may result in further enforcement if warranted.