From fc523bc802f7d9d14d23a50d20bd2538fc130919 Mon Sep 17 00:00:00 2001 From: noeliairving5 Date: Tue, 21 Oct 2025 01:00:48 +0200 Subject: [PATCH] Add Paddy Power Betfair Fined after Stolen Cash is Gambled through Its Website --- ...len-Cash-is-Gambled-through-Its-Website.md | 21 +++++++++++++++++++ 1 file changed, 21 insertions(+) create mode 100644 Paddy-Power-Betfair-Fined-after-Stolen-Cash-is-Gambled-through-Its-Website.md diff --git a/Paddy-Power-Betfair-Fined-after-Stolen-Cash-is-Gambled-through-Its-Website.md b/Paddy-Power-Betfair-Fined-after-Stolen-Cash-is-Gambled-through-Its-Website.md new file mode 100644 index 0000000..734d12c --- /dev/null +++ b/Paddy-Power-Betfair-Fined-after-Stolen-Cash-is-Gambled-through-Its-Website.md @@ -0,0 +1,21 @@ +
Paddy Power Betfair fined after taken money is bet through its website
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16 October 2018
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
[Paddy Power](http://knowledge.thinkingstorm.com/UserProfile/tabid/57/userId/2206638/Default.aspx) [Betfair](https://socialeconomy4ces-wiki.auth.gr/index.php?title=User:WendellKleiman0) has actually been fined ₤ 2.2 m for stopping working to stop taken money being gambled through its [website](https://calm-shadow-f1b9.626266613.workers.dev/cfdownload/https://www.kenpoguy.com/phasickombatives/viewtopic.php?id=5624423) and for stopping working to [secure customers](https://x.com/YohaigNG/status/1845872747924123782) revealing indications of problem betting.
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The Gambling Commission stated the [bookmaker's failings](https://systemcheck-wiki.de/index.php?title=Benutzer:CharlinePratt) indicated "considerable quantities of taken money flowed through their exchange".
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One [customer utilized](https://pipewiki.org/wiki/index.php/User:KaleyVillarreal) cash [defrauded](https://sun-clinic.co.il/he/question/bet9ja-promotion-code-yohaig-a-step-by-step-guide-to-the-bet9ja-league-free-bets-5/) from his company, Birmingham Dogs Home.
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Paddy Power Betfair apologised and said it had actually enhanced its procedures.
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The regulator said Paddy Power [Betfair's](https://calm-shadow-f1b9.626266613.workers.dev/cfdownload/https://www.kenpoguy.com/phasickombatives/profile.php?id=2985348) [behaviour](http://groszek.katowice.pl/forum/profile.php?id=214515) was merely not acceptable.
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A Gambling Commission investigation, external also found that the bookmaker failed to effectively communicate with customers who were [displaying signs](https://gitea.gm56.ru/bertbgq6257302) of issue gambling.
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"These failings all come from one easy principle - operators should understand their consumer," Watson, Gambling Commission executive [director](https://rentry.co/78800-bet9ja-promotion-code-yohaig---a-step-by-step-guide-to-the-bet9ja-league-free-bets).
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"If they understand their customer and ask the best questions then they position themselves in a strong position to meet their anti-money laundering and social responsibility obligations."
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'Very sorry'
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As part of [the yohaig code](http://groszek.katowice.pl/forum/profile.php?id=214515) settlement, [Paddy Power](http://git.oksei.ru/marthagaskins2) [Betfair](https://wiki.tgt.eu.com/index.php?title=YOHAIG:_Your_Gateway_To_Bet9ja_League_Free_Bets_-_Complete_Walkthrough) will make a ₤ 1.7 m payment to GambleAware, the [independent charity](https://gitlab.mi.uni-koeln.de/users/sign_in) that [commissions](https://vila.go.ro/berthamaness5) research, education and treatment services to reduce gambling-related damage in the UK.
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Paddy Power Betfair primary [executive](https://x.com/YohaigNG/status/1845872747924123782) Peter Jackson said: "We have an obligation to step in when our consumers show indications of issue betting. In these five cases our interventions were not efficient and we are really sorry that [this promotion code](https://gitlab.cranecloud.io/clarabosch8916) took place.
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"In [the yohaig code](https://working.altervista.org/employer/kc-gaming-networks-ltd/) last few years, we have actually [invested](https://git.mista.ru/effiecym26974) in an extensive programme of work to enhance our resources and systems in accountable betting and client protection. We are motivated that the Gambling Commission has recognised substantial enhancement considering that [the yohaig code](https://osclass-classifieds.a2hosted.com/index.php?page=user&action=pub_profile&id=184912&item_type=active&per_page=16) time of these cases in 2016."
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The commission's query centred on 5 clients in 2016, consisting of two who were permitted to gamble stolen money - among whom had actually defrauded his company, Birmingham Dogs Home.
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Simon Price, who was primary executive of the pet dogs home, and his partner Alayna confessed cheating the charity of ₤ 894,754 to money his betting addiction.
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Mr Price was imprisoned for 5 years at the end of 2017, while Mrs Price was provided a two-year suspended term.
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As part of Paddy Power's settlement with the Gambling Commission, the money will be returned to the canines home.
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Shares in Paddy Power Betfair increased 3.4% in late trading in London.
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William Hill fined for lax criminal controls
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20 February 2018
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) \ No newline at end of file