MrQ, operated by Lindar Media, is facing a regulatory review after a compliance assessment in September 2022. As a result, Lindar Media will pay £690,947 ($854,664) in a regulatory settlement, which will be donated to socially responsible causes.

The review found that MrQ had shortcomings in its measures to prevent money laundering and protect individuals from gambling-related harm or exploitation. These offenses occurred between July 2021 and September 2022.

The assessment revealed deficiencies in MrQ’s anti-money laundering policies as well as responsible gambling policies. Other issues included inadequate reporting arrangements, irresponsible advertising of marketing products, and a failure to contribute financially to organizations supporting gambling research, prevention, and treatment.

Additionally, the review found that some customers were able to deposit and lose significant amounts of money without any intervention from MrQ.

The regulatory settlement includes a payment of £690,947 as an alternative to a financial penalty, with £50,947 being divested.

Lindar Media has taken immediate action to address the identified breaches and has already implemented changes prior to the compliance assessment. The company has cooperated fully with the Commission, promptly disclosing all relevant information and offering an early settlement proposal.

CEO Savvas Fellas stated that their focus has been on improving daily operations and implementing scalable processes to ensure compliance and safer gambling. Lindar Media remains committed to providing progressive and transparent entertainment to their players.

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