Twitter
British online casino games developer Playtech has reportedly announced that it will be making a charitable donation worth £3.5 million ($4.3 million) as part of an effort to take ‘full responsibility’ for the shortcomings of its former PT Entertainment Services (PTES) Limited subsidiary.
According to a Thursday report from the Racing Post newspaper, the Isle of Man-headquartered firm revealed that the cash will be given to various charities tackling gambling-related harm and is to be joined over the course of the next five years by analogous contributions totalling an additional £5 million ($6.1 million).
Damning decision:
The newspaper reported that the news comes after an official Gambling Commission investigation determined that PTES Limited, which was previously responsible for running the iGaming domains at TitanBet.co.uk and Winner.co.uk, had been deficient in its social responsibility and anti-money laundering protocols. These shortcomings revealed earlier this week were purportedly said to have played a major role in the 2017 suicide of one young British man, Chris Bruney, who had run up debts with the sites worth approximately £34,000 ($41,690).
Respective reprimand:
These various infractions could have resulted in London-listed Playtech being hit with a fine of up to £3.5 million although it subsequently escaped any such a sanction due to the fact that it had closed down its PTES Limited enterprise prior the initiation of the Gambling Commission’s inquiry.
Operator onus:
Mor Weizer (pictured), Chief Executive Officer for London-listed Playtech, reportedly told the Racing Post that his firm was now endeavoring to take ‘full responsibility’ for PTES Limited’s historical deficiencies even though the subordinate’s United Kingdom iGaming license had been surrendered in October.
Weizer reportedly declared…
“In recent years, we have invested significantly to seek to 
ensure that these types of breaches do not happen again including addressing the specific issues raised by the Gambling Commission.”
Authentic accountability:
For her part and Claire Milne, the newly-installed Interim Chairman for Playtech, reportedly declared that she would be contacting Bruney’s family to personally apologize for the failings at PTES Limited as these were not representative of its parent today.
Reportedly read a statement from Milne…
“The findings of this investigation do not reflect where Playtech stands today. But while the company has made many positive and important changes, we feel it is only right for us to recognize these historic failings by offering this increased amount. Through this action, we want to send a message to them and the wider industry of who we are today and aspire to be.”
Play games casino online games refers to participating in casino-style games through an online platform. In essence, it combines the excitement of traditional casino games, like slots, blackjack, poker, and roulette, with the convenience of playing them online.
When you play games casino online, you can enjoy:
-
Variety of Games: Many online casinos offer a huge range of games, from popular slots to live dealer games, replicating the casino experience at home or on mobile.
-
Accessibility: Online casinos allow you to play anytime and anywhere, making it easy to enjoy your favorite games without traveling to a physical location.
-
Bonuses and Promotions: Online casinos often offer promotions, welcome bonuses, and rewards, enhancing your experience and providing extra funds to play with.
-
Real Money or Free Play: Most platforms offer options to play for real money or for fun, giving players the flexibility to test games before committing financially.
Online casino games bring the thrills and potential rewards of a real casino experience to your screen, with the added security, convenience, and bonuses that online platforms provide.
