Add Paddy Power Betfair Fined after Stolen Cash is Gambled through Its Website

Paddy-Power-Betfair-Fined-after-Stolen-Cash-is-Gambled-through-Its-Website.md

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+<br>Paddy Power [Betfair](https://demo.playtubescript.com/@hester09a84536?page=about) fined after [stolen cash](http://dibodating.com/@darcytheissen) is bet through its site<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
+<br>16 October 2018<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
+<br>[Paddy Power](https://www.lizyum.com/@grazynascorfie) [Betfair](https://atflat.ge/agents/ariel95h09950/) has been fined ₤ 2.2 m for failing to stop taken cash being gambled through its website and for failing to [safeguard clients](http://youtubeer.ru/@siobhancummins?page=about) revealing signs of problem betting.<br>
+<br>The [Gambling Commission](https://deepsoundtest.sisond.com/zulmaj50470571) said the bookmaker's failings meant "substantial quantities of stolen cash streamed through their exchange".<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
+<br>One customer utilized money [defrauded](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) from his employer, Birmingham Dogs Home.<br>
+<br>[Paddy Power](http://bdgit.educoder.net/noearnot771426) Betfair [apologised](https://videoasis.com.br/@ieshastump849?page=about) and said it had actually enhanced its treatments.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
+<br>The regulator stated Paddy Power Betfair's behaviour was merely not appropriate.<br>
+<br>A Gambling Commission investigation, [external](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) also discovered that [the yohaig code](http://zahbox.com/@keiraanthon404?page=about) bookie stopped working to effectively communicate with clients who were [displaying indications](https://englishlearning.ketnooi.com/@adellbyars2681?page=about) of issue gaming.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
+<br>"These failings all originate from one basic principle - operators must understand their client," said Richard Watson, [Gambling Commission](https://git.harddays.dev/genaspringer14) [executive director](https://git.pasarex.com/christinecunni).<br>
+<br>"If they know their customer and ask [the yohaig code](https://likemochi.com/@rufusoden64073?page=about) right concerns then they put themselves in a strong position to meet their anti-money laundering and social responsibility commitments."<br>
+<br>'Very sorry'<br>
+<br>As part of the settlement, Paddy Power Betfair will make a ₤ 1.7 m payment to GambleAware, the independent charity that commissions research, [education](https://git.old-craft.ru/edgardosanders) and treatment services to lower gambling-related harm in the UK.<br>
+<br>[Paddy Power](https://silatdating.com/@zitaonz247823) [Betfair president](https://lesla.com/@oliverlassiter) Peter Jackson said: "We have a duty to step in when our customers reveal indications of problem gambling. In these 5 cases our interventions were not reliable and we are very sorry that [this promotion code](https://unired.zz.com.ve/@selmablau92287) took place.<br>
+<br>"Over [the yohaig code](https://englishlearning.ketnooi.com/@stephainelangn?page=about) last few years, we have  an extensive programme of work to [reinforce](https://lesla.com/@joannecowlisha) our [resources](https://patriatube.com/@wilfordritter3?page=about) and systems in accountable gambling and consumer protection. We are motivated that the Gambling Commission has actually identified substantial enhancement because the time of these cases in 2016."<br>
+<br>[the yohaig code](http://newslabx.csie.ntu.edu.tw:3000/blainegrammer) commission's inquiry centred on 5 clients in 2016, including two who were allowed to bet stolen cash - one of whom had actually defrauded his employer, Birmingham Dogs Home.<br>
+<br>Simon Price, who was chief executive of the pet dogs home, and his partner Alayna confessed cheating the charity of ₤ 894,754 to fund his gambling addiction.<br>
+<br>Mr Price was jailed for 5 years at the end of 2017, while Mrs Price was given a two-year suspended term.<br>
+<br>As part of Paddy Power's settlement with the Gambling Commission, the cash will be returned to the pet dogs home.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
+<br>Shares in Paddy Power Betfair rose 3.4% in late trading in London.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
+<br>William Hill fined for lax criminal controls<br>
+<br>20 February 2018<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)