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Paddy Power Betfair to pay £2m for failing to protect gamblers
Paddy Power Betfair failed to act swiftly on gambling harm signs, allowing customers to stake up to £86,000 before intervention, the UK Gambling Commission said.
- Paddy Power, a bookmaker, was fined £2m by the Gambling Commission for failing to intervene soon enough when customers showed signs of harmful gambling behavior.
- One customer staked £86,000 in over two weeks without a manual review, while another placed over 300 bets totaling £20,000 in nearly eight hours.
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Flutter Entertainment Plc brands Paddy Power and Betfair have been fined £2 million ($2.7 million) after a UK Gambling Commission investigation found they hadn’t identified potential problem gambling quickly enough.
·United States
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Paddy Power Betfair to pay £2m for failing to protect gamblers
A spokesperson for Flutter Entertainment - which owns Paddy Power Betfair - says it takes safer gambling responsibilities "incredibly seriously" and has industry-leading safeguards.
·United Kingdom
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Total News Sources13
Leaning Left5Leaning Right1Center4Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 40%
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