meta_id 3109421

On April 27, 2026, the Danish Gambling Authority issued two reprimands to Insipia Limited (trading as Betano) and filed a police report for violations of the Anti-Money Laundering Act during the period from May 2025 to January 13, 2026. The first reprimand concerns failure to conduct enhanced customer due diligence procedures in a timely manner. A newly established customer deposited DKK 199,500 into their gambling account over 16 days without Insipia Limited obtaining documentation of the customer's income and assets. The Authority determined that enhanced due diligence should have been initiated immediately, as the deposit amount significantly deviated from typical customer behaviour and indicated increased risk of money laundering. Insipia Limited did not attempt to obtain such information until six months after the deposits were made. The second reprimand addresses failure to investigate unusually large transactions. Insipia Limited should have investigated the background and purpose of the customer's DKK 199,500 deposits within the initial 16-day period to confirm or disprove suspicion of money laundering. Instead, the investigation occurred six months after the deposits. The Authority also filed a police report alleging gross negligence in violating enhanced customer due diligence requirements under section 17(1) of the Anti-Money Laundering Act and the duty to investigate unusually large amounts under section 25(1)(1)(b). The reprimands carry no obligation to act as the violations no longer exist. The Authority has issued guidance for gambling operators, emphasizing the importance of risk-based customer assessments, designing anti-money laundering systems to address criminal financing risks, and establishing clear thresholds for identifying unusually large transactions during ongoing customer monitoring. REFERENCE: Danish Gambling Authority - Spillemyndigheden (April 29, 2026). Two reprimands and a police report against Insipia Limited (Betano) for violation of the Anti-Money Laundering Act.