Corbett Bookmakers Limited
The Gambling Commission fined Corbett Bookmakers Limited a total of £686,070 for failures in its anti-money laundering and social responsibility procedures. The action, dated 6 March 2025, also requires the operator to undergo a third-party audit of its controls.
Summary
Financial Penalty
£686,070
What This Means for Consumers
Corbett Bookmakers Limited is still licensed to operate in the UK, so customers can continue to use its services. The failures in player protection and anti-money laundering controls are a serious concern for consumers.
Full Details
On 6 March 2025, the UK Gambling Commission announced a regulatory action against Corbett Bookmakers Limited. The operator received a financial penalty of £686,070 after a review found the company wasn't meeting key licence conditions designed to protect customers and prevent crime.
The investigation found breaches in two main areas. Corbett Bookmakers Limited failed to uphold rules for preventing money laundering and terrorist financing (Licence Condition 12.1.1). It also didn't comply with social responsibility requirements for customer interaction (SRCP 3.4.1). As part of the sanction, the Commission has ordered the company to complete a third-party audit of its policies and controls within 12 months.
The UKGC's public statement notes that the operator cooperated with the investigation. It also took corrective steps to fix the identified problems. This is the first regulatory action recorded against Corbett Bookmakers Limited on Saferwager.
Key Findings
- Financial penalty of £686,070
- Action taken on 6 March 2025
- Breaches of anti-money laundering (AML) and social responsibility rules
- Required to undergo a third-party audit of its compliance controls
Timeline
| Action Date | 6 March 2025 |
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