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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+[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)<br>[Paddy Power](https://systemcheck-wiki.de/index.php?title=Benutzer:CharlinePratt) Betfair fined after taken money is gambled through its site<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
+<br>16 October 2018<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
+<br>Paddy Power Betfair has been fined ₤ 2.2 m for failing to stop [stolen money](http://groszek.katowice.pl/forum/profile.php?id=214515) being bet through its site and for [failing](https://gitlab.tu-dortmund.de/leonardkidd162) to [secure customers](https://wikisofia.cz/wiki/Bet9ja_Promotion_Code:_YOHAIG_-_A_Step-by-Step_Guide_To_The_Bet9ja_League_Free_Bets) revealing indications of problem betting.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
+<br>The [Gambling Commission](https://x.com/YohaigNG/status/1845872747924123782) stated the bookie's failings implied "significant amounts of taken cash streamed through their exchange".<br>
+<br>One consumer used cash defrauded from his company, Birmingham Dogs Home.<br>
+<br>Paddy Power Betfair apologised and stated it had actually strengthened its procedures.<br>
+<br>The regulator said Paddy Power Betfair's behaviour was just not acceptable.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
+<br>A Gambling Commission examination, [external](https://wiki.pine64.org/wiki/Bet9ja_Promotion_Code:_YOHAIG_-_A_Step-by-Step_Guide_To_The_Bet9ja_League_Free_Bets) also found that [the yohaig code](https://vmi456467.contaboserver.net/geniacisco829) bookmaker failed to effectively connect with clients who were displaying signs of problem gambling.<br>
+<br>"These failings all come from one simple concept - operators need to know their customer," stated Richard Watson, Gambling Commission executive director.<br>
+<br>"If they understand their consumer and ask the right concerns then they place themselves in a strong position to fulfill their anti-money laundering and social duty commitments."<br>
+<br>'Very sorry'<br>
+<br>As part of the settlement, Paddy Power [Betfair](https://luqueautomoveis.com.br/index.php?page=user&action=pub_profile&id=420157) will make a ₤ 1.7 m payment to GambleAware, [the yohaig code](https://plamosoku.com/enjyo/index.php?title=%E5%88%A9%E7%94%A8%E8%80%85:KristoferDodery) independent charity that commissions research study, education and [treatment services](https://calm-shadow-f1b9.626266613.workers.dev/cfdownload/https://www.kenpoguy.com/phasickombatives/profile.php?id=2985348) to  harm in the UK.<br>
+<br>[Paddy Power](https://wikisofia.cz/wiki/Bet9ja_Promotion_Code:_YOHAIG_-_A_Step-by-Step_Guide_To_The_Bet9ja_League_Free_Bets) [Betfair president](https://git.student.rea.ru/eusebiamack060) Peter Jackson stated: "We have an obligation to intervene when our customers show indications of problem betting. In these 5 cases our interventions were not efficient and we are very sorry that [this promotion code](https://socialeconomy4ces-wiki.auth.gr/index.php?title=User:WendellKleiman0) took place.<br>
+<br>"Recently, we have actually bought a substantial programme of work to [enhance](https://x.com/YohaigNG/status/1845872747924123782) our [resources](https://socialeconomy4ces-wiki.auth.gr/index.php?title=User:WendellKleiman0) and [systems](https://socialeconomy4ces-wiki.auth.gr/index.php?title=User:WendellKleiman0) in responsible gaming and customer security. We are encouraged that the Gambling Commission has actually identified significant improvement considering that the time of these cases in 2016."<br>
+<br>The commission's inquiry centred on five clients in 2016, including 2 who were enabled to gamble taken cash - among whom had defrauded his employer, Birmingham Dogs Home.<br>
+<br>Simon Price, who was president of the pets home, and his spouse Alayna confessed cheating the charity of ₤ 894,754 to money his gambling addiction.<br>
+<br>Mr Price was imprisoned for five years at the end of 2017, while Mrs Price was given a two-year suspended term.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
+<br>As part of Paddy Power's settlement with the Gambling Commission, the cash will be gone back to [the yohaig code](https://osclass-classifieds.a2hosted.com/index.php?page=user&action=pub_profile&id=184912&item_type=active&per_page=16) canines home.<br>
+<br>Shares in Paddy Power Betfair rose 3.4% in late trading in London.<br>
+<br>William Hill fined for lax criminal controls<br>
+<br>20 February 2018<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)