What is AML (Anti-Money Laundering)?
Legal obligations that require UK-licensed casinos to detect and prevent the use of gambling to launder criminal proceeds. Casinos must verify customer identity, monitor unusual patterns, and report suspicious activity.
In Depth: AML (Anti-Money Laundering)
Under the Money Laundering Regulations 2017, all UKGC-licensed operators must have robust AML policies. In practice, this means:
- Verifying customer identity (KYC) before processing withdrawals
- Conducting enhanced due diligence for high-spending customers
- Requesting source of funds evidence when deposits or spending patterns raise concerns
- Filing Suspicious Activity Reports (SARs) with the National Crime Agency if money laundering is suspected
AML compliance is one of the most common areas where operators receive UKGC fines. Several major operators have been fined tens of millions of pounds for inadequate AML controls.
Related Terms
UKGC (UK Gambling Commission)
The statutory regulator for all commercial gambling in Great Britain, established under the Gambling Act 2005. The UKGC issues operating licences, enforces compliance, and protects players and vulnerable adults.
KYC (Know Your Customer)
Mandatory identity verification required by UKGC-licensed casinos before processing withdrawals. Players must prove their identity, address, and sometimes source of funds to comply with UK anti-money-laundering regulations.
Source of Funds
Documentation required by casinos to prove that the money being used for gambling has been legitimately earned. Part of AML compliance. Typically requested when cumulative deposits or losses exceed certain thresholds.