(AsiaGameHub) – PlayCity has issued a fine exceeding $10,000 to SLOTS U.A. LLC, the entity behind BetKing, for failing to submit requested information to the government within the required timeframe.
In a statement on its Telegram channel, PlayCity emphasized that for any operator to function legally, providing prompt and comprehensive responses to data requests is both a regulatory obligation and a vital component of market transparency.
The penalty was attributed to a delay in responding to a formal regulatory request. PlayCity further noted that maintaining high standards of compliance and transparency is essential for the development of a responsible gambling industry in Ukraine.
Following the recent launch of a digital tool for reporting illicit gambling advertisements, PlayCity also announced the suspension and subsequent removal of a Twitch account. This action followed a report submitted through the new system regarding unauthorized gambling promotions.
According to PlayCity, Twitch initially suspended the account and permanently removed it two days later after conducting an internal review of the submitted evidence.
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