Mr Green has been warned by the Denmark Gambling Authority, Spillemyndigheden, having breached a section of the body’s Anti-Money Laundering Act.
It relates to the online casino’s source of funds protocols, after a player was found to have deposited DKK 325,000 (£36,601) to his account during the course of a year.
The regulator outlined it was done without Mr Green having ‘sufficient knowledge about whether or not the player’s funds originated from criminal proceeds’.
Furthermore, it added that this means that the firm had failed to comply with its obligations on KYC measures.
In its assessment, Spillemyndigheden stated that Mr Green learned the player’s profession and his approximate level of income through internet searches.
The regulator noted that it was the view of the operator that the player was able to finance his gambling within this level of income, despite, it was added, the individual “having deposited more than his disposable income”.
“Thus, Mr. Green did not conduct any further investigations to clarify the origin of the funds, for example, by investigating the player’s income any further,” it stated.
