Betfred.com Operator Agrees £900,000 Settlement With UKGC
An investigation by the UK Gambling Commission has resulted in Petfre (Gibraltar) Limited, the company behind Betfred.com, agreeing to pay £900,000 after the regulator identified shortcomings in its safer gambling procedures. The settlement follows a compliance assessment that uncovered weaknesses in how the operator monitored customer behaviour and responded to signs of potential gambling-related harm. Alongside the payment, Petfre has also agreed to cover the costs of the Commission’s investigation. According to the regulator, the issues centred on the company’s failure […] The post Betfred.com Operator Agrees £900,000 Settlement With UKGC appeared first on World Casino News.
An investigation by the UK Gambling Commission has resulted in Petfre (Gibraltar) Limited, the company behind Betfred.com, agreeing to pay £900,000 after the regulator identified shortcomings in its safer gambling procedures. The settlement follows a compliance assessment that uncovered weaknesses in how the operator monitored customer behaviour and responded to signs of potential gambling-related harm. Alongside the payment, Petfre has also agreed to cover the costs of the Commission’s investigation. According to the regulator, the issues centred on the company’s failure […]
The post Betfred.com Operator Agrees £900,000 Settlement With UKGC appeared first on World Casino News.
