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Betfred Hit with £825k UKGC Fine over AML & Safer Gambling Breaches
Done Brothers (Cash Betting) Limited, better known across the UK retail betting sector as Betfred, has unfortunately been hit with a major regulatory blow. This happened after the UK Gambling Commission (UKGC) confirmed a £825,000 Betfred penalty relating to anti-money laundering (AML) and safer gambling failings. The enforcement action follows a 2024 compliance assessment of Betfred’s high street betting shops, with regulators focusing specifically on the controls applied to B3…
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