![]() The Commission also highlighted repeated failures to ask for proof that the source of customers' funds was legitimate. ![]() Another new customer was allowed to spend £18,000 in 24 hours, while a third spent £32,500 over two days without any intervention by the company. "However, because the operator immediately recognised their failings and worked with us to swiftly implement improvements, we instead opted for the largest enforcement payment in our history."Īmong the incidents cited by the Commission was the case of a new customer who was allowed to spend £23,000 in 20 minutes without any checks by William Hill. "When we launched this investigation the failings we uncovered were so widespread and alarming serious consideration was given to licence suspension," Andrew Rhodes, the Gambling Commission's chief executive, said in a statement. The move is the strongest action yet taken by British regulators to clamp down on a sector notorious for encouraging addiction and allowing itself to be used for money-laundering purposes. Shares in 888 Holdings (LON:888) fell on Tuesday after the U.K.'s gambling regulator hit it with a record £19.2 million fine (£1 = $1.2325) for lax controls at William Hill, the bookmaker it bought last July.
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