Record £17 million Fine for Entain

Big companies love breaking records, but Entain probably won’t be so thrilled about this one. We are calling it a fine, although technically it isn’t one, since the figure was agreed on after discussions between the UKGC and Entain rather than being dictated to them – but for all intents and purposes it amounts to…

Nasty £630,000 Fine for Smarkets

It’s all relative isn’t it, so while the figure might not seem significant next to the £9.4 million smack round the chops that 888 received back in March, for a smaller company it’s going to hurt. Especially coming now, just after the pandemic decimated the sports betting industry, leaving Smarkets with a loss of over…

Boylesport Fined £2.8 Million for Money Laundering Failings

The UKGC seem to be dishing out multi-million pound fines as often as Boris Johnson changes the rules of lockdown. Boylesport are the latest to be found lacking and will have to pay for their lacklustre anti money laundering procedures to the tune of £2.8 million – just what they need after such a miserable…

Betway Hit With Record Breaking Fine

It seems like this is all I ever write about at the moment, but the conduct of yet another big bookie has bee called into question today after Betway landed a fine of £11.6 million. That’s going to leave a mark. The UKGC had been investigating the online bookie for failures in anti-money laundering and…

Panorama Discovers 5000% Increase in Complaints

Last week, Panorama aired a 30 minute documentary on gambling addiction and revealed that in 2018 there were 8,266 complaints made to the UKGC – up 5000% from just 169 five years before. The program focused on two problem gamblers in particular and the behaviour of their VIP account managers,  who plied them with bonuses…

Ladbrokes Coral Fined £5.9 Million

It hasn’t been a good week at GVC Holdings HQ. The holding company that owns both Ladbrokes and Coral has been found by the UKGC to have failed to carry out social responsibility interactions going back to 2014. The worst part for them is that they didn’t even run the two bookies until 2017 so…