Paddy Power Betfair fined £2.2 Million

Zuga

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PP got fined 2.2 mil for allowing gamblers to play with stolen money: https://www.latestbingobonuses.com/...ddy-power-betfair-fined-with-2point2-million/

Richard Watson of UKGC, said:

"As a result of Paddy Power Betfair's failings significant amounts of stolen money flowed through their exchange and this is simply not acceptable. Operators have a duty to all of their customers to seek to prevent the proceeds of crime from being used in gambling."
 

Biti

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having in mind how they treat both their affiliates and players it is safe to say this fine is not coming as surprise

yes.

Having that in mind I also find it ok if companies like William Hill, 888, Sky, etc are slapped. Just a pity they aren't slapped any harder because a few millions are peanuts for them.
 

the_dave

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having in mind how they treat both their affiliates and players it is safe to say this fine is not coming as surprise

Have I missed something about Betfair / Paddy Power on the affiliate front here? I'm aware of the diminishing returns from exchange players at Betfair and lack of crossover payments from Paddy Power but is there more?
 

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