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Evening Standard
Evening Standard
National
Josie Clarke

Online gambling firm Spreadex fined £2m for social responsibility failings

Gambling Commission said Spreadex failed to carry out appropriate checks on high spenders (Alamy/PA) -

Gambling firm Spreadex has been fined £2 million for money laundering and social responsibility failings, the regulator said.

The online firm failed to carry out appropriate checks on a customer who hit a daily deposit limit of £3,340 on 12 occasions over 14 days, the Gambling Commission said.

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