Betfred.com Operator to Pay £900,000 After UKGC Probe
Betfred's operator Petfre agreed to pay £900k after UKGC found failures in safer gambling monitoring failures in safer gambling monitoring.Summary
The UK Gambling Commission investigated Petfre (Gibraltar) Limited, operator of Betfred.com, and found shortcomings in its safer gambling procedures, including inadequate automated monitoring and delayed reviews of flagged accounts. As a result, Petfre agreed to pay a £900,000 settlement and cover the investigation costs, while also implementing interim controls and an action plan to improve monitoring. The regulator noted the operator's swift response but stressed that the failings warranted a substantial penalty, adding to previous fines of £2.87 million in 2022 and £240,000 for slot‑game breaches. Commission Director of Enforcement John Pierce emphasized that effective policies are essential for safer gambling and urged all operators to learn from the case.
(Source：World Casino News)