Isle of Man fines two gambling operators over broad AML failings

Online gambling firms Celton Manx and SK IOM Limited have incurred civil penalties of UK£3,937,500 (US$ 5,376,850) and UK£70,000 (US$95,590), respectively, for anti-money laundering and counter financing of terrorism (AML/CFT) compliance breaches uncovered by the Isle of Man (IoM) Gambling Supervision Commission during inspections in 2024.

Online gambling firms Celton Manx and SK IOM Limited have incurred civil penalties of UK£3,937,500 (US$ 5,376,850) [1] and UK£70,000 (US$95,590) [2], respectively, for anti-money laundering and counter financing of terrorism (AML/CFT) compliance breaches uncovered by the Isle of Man (IoM) Gambling Supervision Commission during inspections in 2024.