Exodus: High-Rollers Leave UK As AML Measures Bite

The downturn in high-end London casino play caused by more intrusive identity and source-of-funds checks is likely to be mirrored by a migration of UK online high-rollers towards offshore operators as the Gambling Commission’s enforcement drive intensifies.

Evidence of the effect of stricter enforcement on anti-money laundering (AML) and know your customer (KYC) requirements on more valuable punters is already evident in the UK land-based casino sector.

According to the latest statistics from the Gambling Commission, high-end London casino table game drop fell 28 percent for the year to January 2019, from £2.46bn to £1.76bn, while total win was down 43 percent to £147m.

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