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Betfred to pay $1.2 million settlement to UK regulator
By Editorial profile image Editorial

Betfred to pay $1.2 million settlement to UK regulator

Petfre (Gibraltar) Limited, the operator of betfred.com, will pay £900,000 ($1.2 million) to settle an investigation by the UK Gambling Commission into failures in its social responsibility controls.

Petfre (Gibraltar) Limited, the operator of betfred.com, will pay £900,000 ($1.2 million) to settle an investigation by the UK Gambling Commission into failures in its social responsibility controls.

The UK Gambling Commission's investigation into Petfre (Gibraltar) Limited, the operator of betfred.com, has led to a settlement of £900,000 ($1.2 million) due to identified shortcomings in the company's safer gambling policies and procedures. Among the issues highlighted were deficiencies in automated systems for customer identification.

By Editorial profile image Editorial
Updated on
Regulation Betfred Petfre (Gibraltar) Limited UK Gambling Commission Safer Gambling Policies Automated Systems Compliance Assessment