Apparently they knew it was coming, but even so, opening the post to see a fine for £19.2 million staring back at you has got take the wind out of your sails. That’s what happened to William Hill this morning, who have now taken the crown from Entain as the bookie with the highest ever…
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…
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…
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…
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…
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…
