Ladbrokes Owner Entain Face HUGE Fine

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Ladbrokes owner Entain faces another substantial fine for their failures, but will things truly change? How many times can this happen? See my thoughts...


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This video shares my views on Ladbrokes Owner Entain expecting a substantial fine. Not so long ago Ladbrokes Coral owner Entain was fined a record £17 million for failures.

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As someone who worked for entain, I can tell you how much of a frustration it was to work in their shops and have to adhere to rigorous rules about monitoring on harmless regulars and potentially aggressive strangers for just over minimum wage whilst knowing the real fraud was happening online from our managers with obvious money laundering going on.

Paulysaysdealwithit
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The fines they are given are nothing more than an inconvenience. The bookmakers have far too much power with plenty of companies and individuals ( so-called tipsters / presenters )smoothing the way for them and getting an undeserved piece of the money pie 🥧.

davidfield
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Everyone who has ever recieved an email from this company can claim for damages as they do not disclose their trading particulars on their disclaimer, No Company Name, Reg Office Address, Company Number, Part of the UK Registered and mention of Limited Company Status. £50 per default (5 defaults per email) x number of emails = total claim value.

firestarter
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I always trust the bookmakers to regulate themselves. They’re an honest bunch.

zzhughesd
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The RTP on FOBT's needs scrutinised, experienced players can tell it's not as shown on these machines. Bonuses regularly take 400/500 spins to come in and are then paying paltry amounts. This has been going on since reopening after lockdown, using machine players to subsidise shops, that otherwise would fail.

TheGrimReaper
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The only thing that is shocking... is the fact that you are shocked!!!

DocFUNKist
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I used to work as a field engineer for a company that services equipment inside betting shops and its such a toxic industry. From seeing people playing slot games with credit of £3800+ still spinning to European customers breaking several screens over losess or non payments of money they didnt really win of less than £1 these shops are awful environments. Especially around London

MeNoSpeakJibberish
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It’s our money they pay fines with anyway so won’t make one iota, licensed to print money !!

degrees.
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Caan Man I've taken the plunge and blade zeroed my head a few months ago. Best move I've made in years. Partly inspired by yourself fella. Hope all is well.

onwards
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At this rate taking value will be a punishable crime Worst company I had 3 losing bets with them and they stake restricted me. If the government wants safer gambling then separate casinos from sports books because as soon as u sign up they try to push you to the casino

francisgallagher
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Hi mate. Not relevant but what minimum percentage margin do you go for on value bets? or is any positive value fair game? cheers, enjoying the content.

grubs
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Can you tell me what premium charges are on Betfair for winning and does it offset the turnover discount
Regards Paul

paulrichard
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Thanks Caan, another insightful video. If only the useless Gambling Comission had someone like you working there!

dg
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be careful not to bash bookies too much with this stuff as it gives the establishment and puritans an excuse to regulate it more

qed
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In fairness ALL bookmakers have been fined (windfall tax) by this government.
I don't believe for 1 minute that the government is interested in problem gambling or money laundering, there main interest is windfall taxing..
If the government cared about problem gamblers they would refund the bets not pocket fines..
We must all better abroad out of reach of hm governments clutches. .

frankryan
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Gambling is good but never stake all your salary

SUREBETBETTINGTIPS
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Their biggest crime is the shite odds they offer

ProfitableSportsBetting
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Caan have you considered moving to The Republic of Ireland as a career move ? You wouldn't have to deal with all that KYC and AML bollocks. It's also a more pleasant place to live. I've lived in the UK for 27 years and Ireland for 18 years.

onwards
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Thanks for all you are doing.


From Nigeria.

destinytea_kay
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Hey there bud, this is off the subject but do you have a football trading spreadsheet to download or a link. I'm not not finding one online.

andybarry