Ladbrokes Coral Hit With £2.3m Penalty Over Rogue Bets: Aussie Crackdown Concerns

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Ladbrokes Took Criminal Bets - Britain’s biggest bookmaker has been fined £2.3 million for allowing two criminals to bet millions in stolen money despite claiming that safeguards to stop such gambling had improved.

The Gambling Commission has ordered Gala Interactive, which is owned by Ladbrokes Coral, to pay for its “social responsibility failures”.  Read More Here

Bookmakers face regulatory crackdown in Australia – A combination of cash-strapped state administrations and concerns about problem gambling has created a political backlash against gambling operators, who face higher taxes and changes to a light-touch regulatory regime.  Read More Here

- Aaron Goldstein,

Business/Financial News

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