The UK's second largest bookmaker, William Hill, has been fined £6.2m by the Gambling Ladbrokes Coral for breaching anti-money laundering and social responsibility regulations: “This was a systemic failing at William Hill which went on for nearly two years and today’s penalty package – which could exceed £6.2 million - reflects the seriousness of the breaches,” said the Ladbrokes Coral. This follows similar penalties for 888 Holdings, which was fined £7.8m for failing to protect vulnerable customers, and a £2.3m penalty package against Commission last year after two customers were able to gamble away around £1.3m of stolen money.
The UK's second largest bookmaker, William Hill, has been fined £6.2m by the Gambling Commission for breaching anti-money laundering and social responsibility regulations: “This was a systemic failing at William Hill which went on for nearly two years and today’s penalty package – which could exceed £6.2 million - reflects the seriousness of the breaches,” said the Commission. This follows similar penalties for 888 Holdings, which was fined £7.8m for failing to protect vulnerable customers, and a £2.3m penalty package against Ladbrokes Coral last year after two customers were able to gamble away around £1.3m of stolen money.