Firm handed big fine over failure to spot problem gambling and prevent money laundering
Betting group William Hill has been fined £6.2m by the gambling industry regulator for failing to protect consumers and prevent money laundering.
The Gambling Commission said that over the two years to August 2016, the company failed to spot obvious signs of problem gambling, and in doing so breached anti-money laundering and social responsibility regulations.
William Hill has just been fined £6.2m by the Gambling Commission for accepting money from criminals without carrying out proper background checks. And this is an industry that talks about ‘responsible gambling’. They’re turning a blind eye to dirty money.