Orders of the British game commission Petfre (Gibraltar) are limited to paying more than $ 300,000 fine
The United Kingdom Gambling Commission said that a game company must pay a penalty of £ 240,000 ($ 324,122) following a regulatory conclusion.
Petfre (Gibraltar) Limited, which manages Betfred.com and Oddsking.com, has used a selection of online slot machine games that have not met the requirements of remote technical standards, which are industry standards.
According to the regulator, failures include accommodation games that have not displayed the consumer’s net position and the games that celebrated the losses in victories.
In industry standards, he explains how all the game sessions must clearly display the net position of a client and that a game system should not celebrate a return which is less than or equal to the total participation played.
The latter is due to the fact that the Commission has concerns about the equity of the festive effects when a client was in a global loser position, which suggests that this could have a negative impact on the ability of a player to interpret his gameplay with precision.
Petfre (Gibraltar) Limited has taken immediate measures and has declined the affected games
Once the results have been discovered, the licensee would have taken immediate measures and had quickly put out of service all the affected games.
John Pierce, director of the Application Commission, said: “The characteristics that affect the ability of a consumer to make informed decisions are not appropriate and represent a clear risk.
“While we recognize that the operator acted quickly to remove the affected games, this application action should serve as a clear signal to the wider industry to examine and strengthen their compliance practices – and to ensure that the gameplay is fair and that consumers are not exposed to unnecessary risk.”
The company, Petfre (Gibraltar) Limited, was faced with regulatory measures of the British game commission in the past, in 2022. At that time, they received a major penalty of 2.87 million pounds sterling for what was described as “social responsibility and anti-flower failures”. The operator also received an official warning for these failures.
Star image: Generated by AI via ideogram
The UK game committee position, Petfre (Gibraltar), was limited to paying more than $ 300,000 brought first to Readwrite.
[og_img]
About The Author
