iGaming Industry News
The UK Gambling Commission has imposed a record fine for William Hill businesses totaling a staggering £19.2 million. The fines have been issued to William Hill Online at £12.5m, Mr Green at £3.7m and William Hill land-based shops at £3m.
The fine was issued as a result of systematic failures in the company’s social responsibility and anti-money laundering policies.
The investigation found that William Hill had failed to adequately protect vulnerable customers, including those with gambling addiction and those displaying signs of harm. The company also failed to carry out proper checks on the source of funds of some customers, which made it possible for individuals to launder money through the gambling site.
The commission found that William Hill had not done enough to identify and intervene with customers who were showing signs of problem gambling. One example was a customer who deposited £654,000 over nine months, despite indicating that they were struggling financially. The customer was eventually jailed for stealing from their employer to fund their gambling addiction.
In addition to the fine, William Hill has been ordered to implement a series of improvements to its policies and procedures. The company has been directed to carry out more thorough checks on the source of funds of its customers and to implement a system for identifying and helping customers who may be at risk of harm.
The record fine for William Hill is part of a wider crackdown by the UK Gambling Commission on the gambling industry. The regulator has been increasing its scrutiny of the sector in recent years and has imposed a number of large fines on other gambling companies for similar failures in social responsibility and anti-money laundering.
The record fine for William Hill sends a clear message to the industry that the UK Gambling Commission is serious about enforcing the rules and protecting consumers. It is hoped that the action taken by the regulator will encourage other companies to improve their own policies and procedures and to ensure that they are doing everything possible to prevent harm to their customers.
William Hill
William Hill is a household name that has been around forever. A fully accredited, licensed, and Gambling Commission-regulated gambling giant. Everything they do works and works well. Their reputation as a bookie is second to none, and their Casino/Vegas sites are racing to catch up. If you are looking for a “one-stop shop” for all your gambling needs, Will Hill has just about everything.
Anything you can’t find on the Will Hill Casino page, you’ll get through their equally brilliant Will Hill Vegas page. Basically, two slices of the same cake.
Gambling Commission
The UK Gambling Commission (UKGC) is a regulatory body responsible for overseeing and regulating the gambling industry in the United Kingdom. Established under the Gambling Act 2005, the commission’s role is to ensure that all gambling in the UK is conducted in a fair and open way, and that vulnerable people are protected from harm.
The UK Gambling Commission is widely regarded as one of the most rigorous and effective gambling regulators in the world, and its actions have a significant impact on the way that the industry operates in the UK.
Responsible Play – Adults-Only Game
All William Hill games are 18+ games only and involve gambling. Welcome Bonuses refer to New players only. Wagering requirements always apply unless specified. Bonuses, RTP %, Providers, Casinos, Games and Wagering requirements may change depending on where you play. Free games and promotions are for funded players unless specified. Withdrawing funds requires proof of an ID. Always read full T&C’s before playing.
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