The Gambling Commission website uses cookies to make the site work better for you. Some of these cookies are essential to how the site functions and others are optional. Optional cookies help us remember your settings, measure your use of the site and personalise how we communicate with you. Any data collected is anonymised and we do not set optional cookies unless you consent.

Set cookie preferences

You've accepted all cookies. You can change your cookie settings at any time.

Skip to main content
This is new
Is this page helpful?

32Red Limited

Account number


Head office address

32Red Limited, 401 World Trade Centre,
GIBRALTAR, GX11 1AA, Gibraltar

Regulatory settlements

Following an investigation into a licence holder we may enter into a regulatory settlement. These take place, for example, where the licence holder has been open and transparent with us and has shown a willingness to suggest actions that prevent the need for a more formal sanction.

Settlement details

Decision date: 20 June 2018

The Commission undertook an investigation into 32Red as it was found that there were weaknesses in its responsible gambling and anti-money laundering controls, which meant that licence conditions were breached. As a result, 32Red agreed to a penalty package totalling £2mil, consisting of:

  • £709,046 divestment of the financial gain;
  • £1.3mil payment in lieu of a financial penalty, which we would otherwise impose for breaches of a licence condition in accordance with the Commission’s Statement of principles for determining financial penalties;
  • Payment of £15,000 towards the Commission’s investigative costs
  • Improvements to policy, procedure and risk management.

For more information on this case, please see the Gambling Commission's website.