Paddy Power Betfair to pay penalty package for social responsibility and money laundering failures on its gambling exchange. An online operator is to pay 2.2m for failing to protect customers and stop stolen money being gambled.
Passing the amendment, the French parliament also referred to a 2007 report from the British Gambling Commission that said 9.8% of punters using betting exchanges developed gambling addictions, compared to a rate of between one and three per cent among the general gambling population.