Regulatory Pressure Forces TGP Europe to Cease UK Gambling Activities

The Commission’s investigation uncovered significant breaches of anti-money laundering regulations and due diligence requirements. Among the failures highlighted were insufficient checks on business partners, inadequate scrutiny of source of funds, and a lack of consideration for the money laundering risks involved in third-party arrangements. The regulator also criticised TGP Europe for not properly assessing the legality of third-party activities conducted in the UK or abroad.

This case involves a gambling company that was unwilling or unable to meet the regulatory standards we expect from our licensees,” said John Pierce, Head of Enforcement at the Commission. “It is right that they have now exited the British market.

This marks the second time TGP Europe has faced regulatory penalties. In 2023, the operator was fined £316,250 for similar failures. This was for weak due diligence procedures and risk assessments in its business-to-business relationships.

TGP’s exit has prompted immediate concern over its ties with several UK football clubs. The Gambling Commission has contacted AFC Bournemouth, Fulham, Newcastle United, Wolverhampton Wanderers, and Burnley, warning them of the risks associated with promoting unlicensed gambling operators through sponsorship deals. These clubs are now being asked to prove they’ve taken steps to ensure that British consumers cannot access these unlicensed sites, even through workarounds such as VPNs.

Club officials have been cautioned that failing to prevent access could result in legal consequences, including fines or imprisonment.

The Commission has also advised consumers to check whether any gambling site is licensed by using the public register on its website and reiterated the importance of secure, regulated environments for online gambling.