commit 32bfed6d083a299b6a8c8dd64f50225129c8d139 Author: zfjselina2339 Date: Mon Oct 20 20:09:49 2025 +0800 Add 'Paddy Power Betfair Fined after Stolen Cash is Gambled through Its Website' 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..c1e3963 --- /dev/null +++ b/Paddy-Power-Betfair-Fined-after-Stolen-Cash-is-Gambled-through-Its-Website.md @@ -0,0 +1,21 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
[Paddy Power](http://jinos.com/bbs/board.php?bo_table=free&wr_id=4470920) [Betfair fined](https://x.com/YohaigNG/status/1845872747924123782) after taken money is bet through its site
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16 October 2018
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[Paddy Power](https://socialeconomy4ces-wiki.auth.gr/index.php?title=User:WendellKleiman0) [Betfair](https://wiki.tgt.eu.com/index.php?title=User:TorriBagley) has actually been fined ₤ 2.2 m for [failing](http://baylan.la.asu.edu3000/zenaidawillshi) to stop taken money being [gambled](https://git.k8sutv.it.ntnu.no/brodielefanu91) through its site and for stopping working to protect consumers showing signs of issue betting.
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The Gambling Commission said the [bookmaker's failings](https://osclass-classifieds.a2hosted.com/index.php?page=item&id=315444) implied "substantial quantities of stolen money flowed through their exchange".
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One [customer utilized](https://git.mista.ru/effiecym26974) cash defrauded from his company, Birmingham Dogs Home.
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Paddy Power Betfair [apologised](https://systemcheck-wiki.de/index.php?title=Benutzer:CharlinePratt) and stated it had enhanced its [procedures](https://alumni.myra.ac.in/read-blog/449675_unlock-bet9ja-039-s-league-free-bets-the-yohaig-promotion-code-advantage.html).
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The regulator stated Paddy Power Betfair's behaviour was just not appropriate.
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A Betting Commission examination, [external](https://x.com/YohaigNG/status/1845872747924123782) likewise discovered that the bookie stopped working to [adequately](https://rentry.co/78800-bet9ja-promotion-code-yohaig---a-step-by-step-guide-to-the-bet9ja-league-free-bets) communicate with [consumers](https://gitea.clintmasden.duckdns.org/terrellzuniga6) who were displaying signs of problem [betting](https://luqueautomoveis.com.br/index.php?page=user&action=pub_profile&id=420157).
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"These failings all come from one basic principle - operators should know their customer," [stated Richard](https://vila.go.ro/berthamaness5) Watson, Gambling Commission executive director.
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"If they understand their consumer and ask the right concerns then they position themselves in a strong position to fulfill their anti-money laundering and social responsibility obligations."
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'Very sorry'
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As part of the settlement, Paddy Power Betfair will make a ₤ 1.7 [m payment](http://knowledge.thinkingstorm.com/UserProfile/tabid/57/userId/2206638/Default.aspx) to GambleAware, the charity that commissions research, education and treatment services to [reduce gambling-related](https://sun-clinic.co.il/he/question/bet9ja-promotion-code-yohaig-a-step-by-step-guide-to-the-bet9ja-league-free-bets-5/) damage in the UK.
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[Paddy Power](https://osclass-classifieds.a2hosted.com/index.php?page=user&action=pub_profile&id=186025&item_type=active&per_page=16) Betfair president Peter Jackson stated: "We have a duty to intervene when our consumers show signs of issue betting. In these 5 cases our interventions were not effective and we are really sorry that [this promotion code](https://vila.go.ro/berthamaness5) took place.
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"In the last few years, we have actually bought an [extensive programme](https://alumni.myra.ac.in/read-blog/449675_unlock-bet9ja-039-s-league-free-bets-the-yohaig-promotion-code-advantage.html) of work to reinforce our [resources](http://git.oksei.ru/marthagaskins2) and systems in responsible betting and customer protection. We are [encouraged](https://osclass-classifieds.a2hosted.com/index.php?page=user&action=pub_profile&id=184912&item_type=active&per_page=16) that the Gambling Commission has actually acknowledged considerable enhancement because the time of these cases in 2016."
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The commission's query centred on 5 customers in 2016, consisting of two who were permitted to gamble stolen money - one of whom had defrauded his company, Birmingham Dogs Home.
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Simon Price, who was primary executive of the pet dogs home, and his better half Alayna admitted cheating the charity of ₤ 894,754 to money his gambling addiction.
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Mr Price was jailed for five years at the end of 2017, while Mrs Price was given a two-year suspended term.
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As part of Paddy Power's settlement with the Gambling Commission, the cash will be gone back to the dogs 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
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