Online Casino 888 Fined for Neglecting Customer's 'Risk-at-harm' Deposits
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The British Gambling Commission has fined 888 £9.4m for negligence and failure to determine its customers’ betting capabilities. The fine is the third highest in the history of regulated gambling in Britain.
The Commission will review the license of 888 and consider rescinding it. The fine imposed on 868 is in line with the latest regulatory activity that the government has been considering for gambling in Britain.
The regulation of the gambling market in the UK will follow the yet-to-be-published reforms. Gambling Commission is likely to introduce norms such as operators having to conduct ‘affordability checks’ of its players. Online casino 888 was fined for not properly managing customer's deposits.
Online Casino 888 was fined for not checking on a customer's deposits. The gambling commission's chief executive Andrew Rhodes says the fine is necessary. The commission advises operators to be cautious with deposits by people. It is the British consumer's right to know that when they are gambling, they're participating in a leisure activity.
