New Posts For Thread: Bookmaker 32Red - Fined £2 million - over Problem Gamblerhttps://community.betfair.com/horse_racing/go/thread/view/94102/31421811/bookmaker-32red---fined-2-million---over-problem-gambler32Red handed £2 million penalty for failing to protect high-staking customerBy David BaxterUPDATED 1:11PM, JUN 20 2018Online bookmaker 32Red have been fined £2 million by the Gambling Commissionafter failing to protect a problem punter.Between Nove@ashleighThe penalty package consists of: £709,046 divestment of the financial gain£1.3million payment in lieu of a financial penalty, which we would otherwise impose for breaches of a licence condition in accordance with our Statement of principlehttps://community.betfair.com/horse_racing/go/thread/view/94102/31421811/bookmaker-32red---fined-2-million---over-problem-gambler?post_id=554817719#554817719@ashleighThe penalty package consists of: £709,046 divestment of the financial gain£1.3million payment in lieu of a financial penalty, which we would otherwise impose for breaches of a licence condition in accordance with our Statement of principleThu, 21 Jun 2018 07:28:33 -0500Put it all on Cracksman yesterday.https://community.betfair.com/horse_racing/go/thread/view/94102/31421811/bookmaker-32red---fined-2-million---over-problem-gambler?post_id=554816705#554816705Put it all on Cracksman yesterday.Thu, 21 Jun 2018 04:10:08 -0500i would like to know what exactly the gambling commission have done with all the fines?https://community.betfair.com/horse_racing/go/thread/view/94102/31421811/bookmaker-32red---fined-2-million---over-problem-gambler?post_id=554816691#554816691i would like to know what exactly the gambling commission have done with all the fines?Thu, 21 Jun 2018 04:08:34 -0500you think that's bad a postman over here in Ireland gambled 10 million yes 10 million with pp of stolen money, I haven't heard of a huge fine for them amazing.https://community.betfair.com/horse_racing/go/thread/view/94102/31421811/bookmaker-32red---fined-2-million---over-problem-gambler?post_id=554816667#554816667you think that's bad a postman over here in Ireland gambled 10 million yes 10 million with pp of stolen money, I haven't heard of a huge fine for them amazing.Thu, 21 Jun 2018 04:04:01 -0500@Magic_DapsThat's not actually true. Some bookmakers like winners, especially if they mark their cards.https://community.betfair.com/horse_racing/go/thread/view/94102/31421811/bookmaker-32red---fined-2-million---over-problem-gambler?post_id=554816633#554816633@Magic_DapsThat's not actually true. Some bookmakers like winners, especially if they mark their cards.Thu, 21 Jun 2018 03:53:46 -05007 figure win alerted the traders and they were ready to close the account until the punter spu nked it all back.https://community.betfair.com/horse_racing/go/thread/view/94102/31421811/bookmaker-32red---fined-2-million---over-problem-gambler?post_id=554816559#5548165597 figure win alerted the traders and they were ready to close the account until the punter spu nked it all back.Thu, 21 Jun 2018 03:29:15 -0500VIP status is not done on how much you lose, it's how much you turnover and stakeAnd you can only get decent stakes on if you are a losing punter, or take under the odds (will end up being a losing punter).https://community.betfair.com/horse_racing/go/thread/view/94102/31421811/bookmaker-32red---fined-2-million---over-problem-gambler?post_id=554816473#554816473VIP status is not done on how much you lose, it's how much you turnover and stakeAnd you can only get decent stakes on if you are a losing punter, or take under the odds (will end up being a losing punter).Thu, 21 Jun 2018 02:45:36 -0500customer's account was only checked after a "seven figure win"https://community.betfair.com/horse_racing/go/thread/view/94102/31421811/bookmaker-32red---fined-2-million---over-problem-gambler?post_id=554816465#554816465customer's account was only checked after a "seven figure win"Thu, 21 Jun 2018 02:43:36 -0500VIP status is not done on how much you lose, it's how much you turnover and stake.https://community.betfair.com/horse_racing/go/thread/view/94102/31421811/bookmaker-32red---fined-2-million---over-problem-gambler?post_id=554816461#554816461VIP status is not done on how much you lose, it's how much you turnover and stake.Thu, 21 Jun 2018 02:41:12 -0500"Instead of checking on the welfare of a customer displaying problem gambling behaviour, 32Red encouraged the customer to gamble more – this is the exact opposite of what they are supposed to be doing. Isn't that how they all work though? Lose a lohttps://community.betfair.com/horse_racing/go/thread/view/94102/31421811/bookmaker-32red---fined-2-million---over-problem-gambler?post_id=554816445#554816445"Instead of checking on the welfare of a customer displaying problem gambling behaviour, 32Red encouraged the customer to gamble more – this is the exact opposite of what they are supposed to be doing. Isn't that how they all work though? Lose a loThu, 21 Jun 2018 02:36:58 -0500