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Online gaming firm Mr Green, which is owned by William Hill, has been hit with a £3m penalty for failing to protect gambling addicts. The Gambling Commission also said the company did not have effective procedures to check customers were using legitimate sources of money. The commission said its investigation had uncovered "systemic failings". It failed to freeze the account of a customer who won £50,000 and gambled it away before depositing thousands more. The company also accepted a 10-year-old document showing a £176,000 claims payout as satisfactory evidence of source of funds for a customer who deposited more than £1m. Mr Green is the ninth company to face penalties as part of a prob... Full story

27 February