5 Families

About 5 Families

Napoli vs. Granada (Agg 0-2) (5.55pm GMT kick-off)

Rangers vs. Royal Antwerp (Agg 4-3) (5.55pm GMT kick-off)

Shakhtar Donetsk vs. Maccabi Tel-Aviv (Agg 2-0) (5.55pm GMT kick-off)

What is 5 Families?

Here are some of the dossier’s key findings, some of which raise questions around Evolution’s compliance operations during the period assessed.

Within the initial pages of its lengthy August 2021 report, Spectrum Gaming explains it carried out an extensive technical, operational and compliance review of Evolution’s “business practices, public record database research and an assessment of the company’s anti-money laundering compliance procedures and processes, as they related to the allegations contained in the ‘anonymous report'”.

Tests carried out using a VPN to access banned markets found Evolution’s games had been available to players in the prohibited jurisdictions of UAE, Singapore, Hong Kong and Saudi Arabia.

What is 5 Families?

The company is placing an increased focus on efficiency and margins, with plans for a “lower-cost, more centralised operating model” with the profitability of Sun International’s underperforming assets in mind.

A formal consultation process relating to Section 189A of South Africa’s Labour Relations Act has commenced. THis governs large-scale retrenchments by companies with over 50 employees.

“In addition, we have started consultations in certain head office functions as we roll out productivity initiatives across the group,” Sun International said.