It is understood the government is considering tough curbs, potentially cutting maximum bets on the machines to £2.Ĭampaigners against FOBTs claim they are particularly addictive, clustered in deprived areas, and allow gamblers to rack up huge losses. The betting industry is currently awaiting the details of a government clampdown on fixed-odds betting terminals (FOBTs), which are machines that allow customers to stake up to £100 every 20 seconds on digital casino games such as roulette. The customer was in fact earning around £30,000 a year and was funding his gambling habit by stealing from his employer. The commission said that William Hill failed to adequately seek information about the source of their funds or establish whether they were problem gamblers.Īs part of its investigation, the commission found that one customer was allowed to deposit £541,000 over 14 months, after William Hill staff assumed his income could be £365,000 a year based on a verbal conversation and without further questioning.

“Gambling businesses have a responsibility to ensure that they keep crime out of gambling and tackle problem gambling – and as part of that they must be constantly curious about where the money they are taking is coming from.” “This was a systemic failing at William Hill which went on for nearly two years and today’s penalty package – which could exceed £6.2m – reflects the seriousness of the breaches.

Neil McArthur, executive director of the regulator, said the commission was prepared to use the full range of its powers to make gambling fairer and safer. The commission said if further failures relating to this case emerge, the firm will forfeit any money made from these transactions. William Hill will pay £5m for breaching regulations and a further £1.2m for the money earned from the transactions with the 10 customers.

They’re turning a blind eye to dirty money.- Tom Watson February 20, 2018 And this is an industry that talks about ‘responsible gambling’. William Hill has just been fined £6.2m by the Gambling Commission for accepting money from criminals without carrying out proper background checks.

William hill account recovery