Yogonet News: Sweden’s Gambling regulator fines PokerStars SEK 7M for AML breaches, citing poor monitoring and due diligence for high-risk customers

The penalty follows an investigation revealing that PokerStars failed to conduct timely and adequate customer due diligence on nine out of ten sampled cases, many involving younger individuals making unusually large deposits. Despite claiming robust real-time transaction monitoring, the operator’s internal risk thresholds were deemed too high to effectively flag suspicious activity early…