New Posts For Thread: £7 million fine - Hard to believe...https://community.betfair.com/horse_racing/go/thread/view/94102/31796801/7-million-fine---hard-to-believeThat those nice folk at 32Red and Unibet have been up to no good.You have to feel sorry for good people like Nicky Henderson and Keith Lemon for all the reputational damage that they will suffer.£7.1m is a drop in the ocean in comparison to their turnover and profit. I firmly believe a minimum of 10% to gross profit ought to be the starting fine for any infringement. Otherwise a repetition will ensure regularly.https://community.betfair.com/horse_racing/go/thread/view/94102/31796801/7-million-fine---hard-to-believe?post_id=563035395#563035395£7.1m is a drop in the ocean in comparison to their turnover and profit. I firmly believe a minimum of 10% to gross profit ought to be the starting fine for any infringement. Otherwise a repetition will ensure regularly.Fri, 24 Mar 2023 12:47:52 -0500While the review has been delayed, the Commission has fined - or agreed settlements instead of fines for - almost all of the top listed gambling companies in the UK.Ladbrokes owner Entain paid £17 million to the watchdog last year, the largest everhttps://community.betfair.com/horse_racing/go/thread/view/94102/31796801/7-million-fine---hard-to-believe?post_id=563032605#563032605While the review has been delayed, the Commission has fined - or agreed settlements instead of fines for - almost all of the top listed gambling companies in the UK.Ladbrokes owner Entain paid £17 million to the watchdog last year, the largest everThu, 23 Mar 2023 08:44:24 -0500They are not fit for purpose. The gambling giants must laugh at the GC. 7.1 million fine is pennies. A pathetic organizationhttps://community.betfair.com/horse_racing/go/thread/view/94102/31796801/7-million-fine---hard-to-believe?post_id=563032587#563032587They are not fit for purpose. The gambling giants must laugh at the GC. 7.1 million fine is pennies. A pathetic organizationThu, 23 Mar 2023 08:35:45 -0500In all fairness to 32Red, I don't think they even bother with the pretence that they are a "bookmaker" and Keith Lemon does seem like a very sincere kind of guy.https://community.betfair.com/horse_racing/go/thread/view/94102/31796801/7-million-fine---hard-to-believe?post_id=563032581#563032581In all fairness to 32Red, I don't think they even bother with the pretence that they are a "bookmaker" and Keith Lemon does seem like a very sincere kind of guy.Thu, 23 Mar 2023 08:32:17 -0500it is a pretty good racket though. Firms break the rules and make 100s of millions, Gambling commish gets a few million in fines, win win - rinse and repeat.https://community.betfair.com/horse_racing/go/thread/view/94102/31796801/7-million-fine---hard-to-believe?post_id=563032577#563032577it is a pretty good racket though. Firms break the rules and make 100s of millions, Gambling commish gets a few million in fines, win win - rinse and repeat.Thu, 23 Mar 2023 08:27:19 -0500That those nice folk at 32Red and Unibet have been up to no good.they been limiting anyone they think might win to max bet 2 pence ??https://community.betfair.com/horse_racing/go/thread/view/94102/31796801/7-million-fine---hard-to-believe?post_id=563032571#563032571That those nice folk at 32Red and Unibet have been up to no good.they been limiting anyone they think might win to max bet 2 pence ??Thu, 23 Mar 2023 08:25:26 -0500How many times are the Kindred group going to get fined before this rancid group has its licences revoked? £7.1 million fine, barely a dent compared with their massive profits and clearly not enough to effect change...https://community.betfair.com/horse_racing/go/thread/view/94102/31796801/7-million-fine---hard-to-believe?post_id=563032557#563032557How many times are the Kindred group going to get fined before this rancid group has its licences revoked? £7.1 million fine, barely a dent compared with their massive profits and clearly not enough to effect change...Thu, 23 Mar 2023 08:21:01 -0500That those nice folk at 32Red and Unibet have been up to no good.You have to feel sorry for good people like Nicky Henderson and Keith Lemon for all the reputational damage that they will suffer.https://community.betfair.com/horse_racing/go/thread/view/94102/31796801/7-million-fine---hard-to-believe?post_id=563032541#563032541That those nice folk at 32Red and Unibet have been up to no good.You have to feel sorry for good people like Nicky Henderson and Keith Lemon for all the reputational damage that they will suffer.Thu, 23 Mar 2023 08:09:07 -0500