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Tag Archives: Fine

Aussie Regulators Fine Neds for ‘Inducing Gambling’

It’s been clear for some time that Australian lawmakers and regulators are coming down hard on the online gambling industry and the case of Neds, an online bookmaker, really drives that point home. Earlier this week, the operators of Neds.au plead guilty to five counts of offering New South Wales …

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888 Hit with $10 Million Fine for Failing to Protect Problem Gamblers

The UK Gambling Commission (UKGC) hit 888 Holdings, Inc. with a whopping $ 10 million fine for failing to adequately protect problem gamblers against their own, self-destructive behavior. The fine comes after months of investigation and could have resulted in the ultimate penalty; a suspension of the company’s UK gambling …

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UK Gambling Commission Throws Down £150k Fine on Lottoland

The UK Gambling Commission has issued a £150,000 ($ 194,000 USD) to Lottoland for a radio advertisement the Commission says is misleading to consumers. The fine is the latest in a series of punishments doled out to gambling operators that are, more often than not, based on a single consumer …

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Regulators Hit BetFred with £800,000 Fine

The UK Gambling Commission is hitting UK operator BetFred with an £800,000 ($ 1.1 million USD) fine for violating anti-money laundering regulations. While BetFred has acknowledged its role in the case, this version of money laundering is probably not the kind you’re thinking about. BetFred, according to a report in …

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