The Gambling Commission says 32Red and Platinum Gaming – both part of the Kindred Group – have been fined £7.1m over the matters.
32 Red Limited, which operates 32red.com, will pay £4,195,655, and Platinum Gaming Limited, which operates unibet.co.uk, will pay £2,937,599.
Both companies received an official warning following an investigation by the Gambling Commission.
Rangers sponsor 32Red’s CSR failures included failure to identify clients at risk of harm based on their session times, and insufficient effective controls to identify and protect potential gamblers.
In the examples found by the committee, one customer was allowed to deposit £43,000 and lose £36,000 within seven days.
Some excluded or banned customers were able to register with Platinum Gaming after being banned or excluded on the 32Red platform.
It is also said that Platinum Gaming also failed to identify and interact with customers who may have been affected.
The Kay Roberts Gambling Commission said: “These failures clearly demonstrate that both operators have failed to interact with customers in a way that minimizes their risk of gambling-related harm.
Our investigations also showed that policies and procedures were overlooked, both in relation to customer accounts and anti-money laundering practices.
“Ultimately, this is an example that all gambling operators should heed to ensure they protect customers at all times.”
The Unibet logo can be found on the front of Middlesborough kits.
Read more: Rangers ‘watching’ Jonathan Panzo ahead of the summer transfer window
Meanwhile, Rangers are said to be leading the charge on defender Jonathan Panzo.
The Ibrox club are said to have scouted the centre-back, who is currently on loan with Coventry City from Nottingham Forest.
Michael Bell aims to strengthen his team in different areas this summer.
The England Under-21 international moved to the City Ground from Dijon last year.
He was immediately sent to Coventry on loan. He was a great running back on the championship team.
Banzo is familiar with Bale having worked under him while he was coming through the academy ranks at Chelsea.
He has since moved abroad with stints at French sides Monaco and Dijon before returning to Forest in the Premier League.
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