Ladbrokes Under The Uk Gambling Regulator

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January 6, 2022
2 minutes

Prices for shares of the british gambling operator gvc holdings fell after end of the ladbrokes brand’s efforts to hide the uk regulators errors.

Ladbrokes Under the UK Gambling Regulator

Ladbrokes paid almost £1 million five people whose money was stolen by a vip client of the company and later lost. As the terms of payment of payment, representatives of the company demanded that all five recipients «agreed not to prevent any complaints and not to report them to a gambling regulator».

Press secretary of the uk gambling commission (ukgc) reported that the regulator «will investigate to find out all the circumstances». He added what expects from licensees «joint and honest work, as well as providing all relevant information».

According to media information, there are text messages and other evidence that the company provided a vip client benefits, including four-digit loans for his game account, paid flights to participate in high-profile sports events and presented luxurious surprises as christmas gifts.

Messages representative appointed by the company as a personal assistant continued to impose incentive to the client during a five-month break, during which, according to the client, he trid to cope with gambling addiction.

The player signed an agreement that ladbrokes concluded with other participants in the incident, but later declareds in the incident, but later declared that it is forced to violand confidentiality requirements, because ladbrokes «does not comply with the code».

The representative of ladbrokes, statedt that customers signed a standard settlement document that intended complete confidentiality. And added that the company «notified the ukgc about this incident at last time and will continue to cooperate with the regulator».

Recall that gambling’s gambling commission warned gembling service providers on the use of extremist rates on horse racing and football, as well ass online bingo to finance their own activities.

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