Bookmaker Corbett fined almost £700,000 for regulatory failures

The bookmaker was fined nearly £700,000 (Alamy/PA) -

British bookmaker Corbett has been fined almost £700,000 for social responsibility and anti-money laundering (AML) failings, the regulator said.

The Gambling Commission said Corbett had agreed to pay a £686,070 penalty for failures identified during an investigation into the bookmaker’s AML and safer gambling policies, procedures and controls.