Paddy Power Betfair fined £2.2 Million by UK GamblingCommission

Paddy Power Betfair has been fined £2.2 million by the UK Gambling Commission for social responsibility and money laundering failures. The commission found the company failed to protect its customers and also failed to stop stolen money from being gambled. It is the fourth penalty package of more than £1m imposed by the Gambling Commission this year.