Gaming Innovation Group Inc. subsidiaries have reached regulatory settlement agreements with the UKGC
Betit Operations Limited and MT SecureTrade Limited, both subsidiaries of Gaming Innovation Group Inc. (GiG), have each concluded a regulatory settlement with the UK Gambling Commission (UKGC) for shortcomings in their operations regarding anti-money laundering and social responsibility controls during the period 2014 - 2017. Failures relating to requirements around key event notifications were also identified. Betit has agreed to pay £1,400,000 and MT SecureTrade £700,000 (a total of circa €2,450,000) to responsible gambling charities pursuant to negotiated regulatory settlements. The