Betfred hit with £825k UK fine for land-based regulatory failings
Betfred hit with £825k UK fine for land-based regulatory failings Summary The Gambling Commission has fined Betfred £825,000 for failures in social responsibility and anti-money laundering (AML) controls tied to its B3 gaming machines across around 1,300 UK betting shops. The regulator found Betfred’s AML thresholds and source-of-wealth processes inappropriate, and customer interactions following harm […]