The Danish Gaming Commission (DGC) has openly criticized Casumo for not adhering to anti-money laundering (AML) rules. The regulatory body discovered that Casumo’s hazard evaluation procedure was insufficient, specifically because it did not adequately consider the diverse customer base and gaming options provided.
The DGC stressed that a strong risk assessment is vital for deterring money laundering and financial support of terrorism, and that infractions can result in severe repercussions.
Curiously, this censure does not necessitate any action from Casumo as they relinquished their Danish permit and ceased operations in Denmark in April. This circumstance raises concerns about the efficacy of the DGC’s actions, particularly since Casumo is no longer subject to their oversight.
This event comes on the heels of comparable criticism of Copenhagen Casino by the DGC, highlighting a wider apprehension regarding AML adherence within the Danish gaming sector.
Gaming in Denmark is experiencing a resurgence following a challenging period. A significant turnaround is evident, with earnings surging by an impressive 196% in May alone.
