Betfred fined UK£825,000 for gambling AML breaches

Done Brothers (Cash Betting) Limited, which operates on UK high streets as Betfred, has been ordered to pay UK£825,000 (US$1,100,000) after the UK Gambling Commission found failings in its anti-money laundering controls and approach to social responsibility.

Done Brothers (Cash Betting) Limited, which operates on UK high streets as Betfred, has been ordered to pay UK£825,000 (US$1,100,000) after the UK Gambling Commission found failings in its anti-money laundering controls and approach to social responsibility. [1]