The Gambling Commission has given charity GambleAware about £33 million in regulatory settlement funds, the biggest since 2019.
To stabilize the system of damage caused by gambling prevention, backing, and treatment during the period leading up to the switch from a voluntary to a statutory levy system, according to GambleAware, the money it has collected will be used to establish "a system stabilisation fund."
The regulator was unable to establish whether the previous William Hill Group regulation settlement of £19.2 million, which the company agreed to pay for social obligation and anti-money laundering failings, was included in the current £32.8 million compensation.
To stabilize the system of damage caused by gambling prevention, backing, and treatment during the period leading up to the switch from a voluntary to a statutory levy system, according to GambleAware, the money it has collected will be used to establish "a system stabilisation fund."
The regulator was unable to establish whether the previous William Hill Group regulation settlement of £19.2 million, which the company agreed to pay for social obligation and anti-money laundering failings, was included in the current £32.8 million compensation.