Ladbrokes Owner Entain Face HUGE Fine
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- Опубликовано: 3 июн 2023
- Ladbrokes owner Entain faces another substantial fine for their failures, but will things truly change? How many times can this happen? See my thoughts...
Update: Ladbrokes Coral owner to pay £585m over bribery allegations. BBC news - www.bbc.co.uk/news/business-6...
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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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You can see the previous video on the governments white paper here - ruclips.net/video/cUckq9agP7g/видео.html
Con artists
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.
this person took them to court and won for placing bet on a sports terminal @@jimhamailton5236
I mean late is late
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 🥧.
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.
I can't see anything about that online so I'm going to call bullshit lol 😂
I always trust the bookmakers to regulate themselves. They’re an honest bunch.
Same as the police , such a democratic nation we are NOT !!!
Haha!
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.
I spoke to an insider on these machines, he told me the RTP can be lowered or made higher to suit international markets i.e Asia where the big gamblers are...as long as they average out the RTp overall.
I think it's more likely the reason for this is shrewd gamblers finding ways to somehow profit on them, leaving little for average gamblers. My advice is just don't play them. If they're not paying out, surely people would simply lose interest.
Fobts where made for rincing no other reason first few years payed out then changed the programming to hammer the punters very addictive reduced the gamble to max £2 stake but on the games you can gamble on the pie gamble up to max £500 so how is that legal??
Yes there definitely financing the shops ..
I don't play them but have recently heard customers swearing saying they had put hundreds in without a single payout. .
They shout at the minimum wage staff behind the counter that's the most annoying thing , as if the staff can do anything about it??
The only thing that is shocking... is the fact that you are shocked!!!
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.
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.
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.
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
Can you tell me what premium charges are on Betfair for winning and does it offset the turnover discount
Regards Paul
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
It’s our money they pay fines with anyway so won’t make one iota , licensed to print money !!
Thanks for all you are doing.
From Nigeria.
Thanks Caan, another insightful video. If only the useless Gambling Comission had someone like you working there!
be careful not to bash bookies too much with this stuff as it gives the establishment and puritans an excuse to regulate it more
Their biggest crime is the shite odds they offer
Gambling is good but never stake all your salary
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. .
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.
Laxbrokes is a terrible bookmakers
.No promotions except 5 10p spins or a £1 free bet😂.Casino & games has a win rate of about 10p in the pound😢.Poker is sooo fixed as well.
The txt I screenshot too is via sky chat so it's quite funny seeing it pop up word by word but when I send it I have no luck with sending it... I screen recorded and wrote out the issues I've been having for people to follow
Tried to back three dogs to win the grayhound derby for an interest with coral's they would not even lay me two pounds on each dog every dog was under 10s I have a very big gambling problem no bookmaker will take my bets.
Every body out there Ladbrokes poker site is fixed when you see hands like 4 and 7 and you have pair aces and the other player go's all in and low and behold you lose, FIX, I have never seen anyone go all in with 4 and 7 so that says a lot to me and now I know it is fixed and I would never but my cash into any online poker site because of the way hands come out.
Discount on fines. Just lovely. Be a good boy would you.
Get an exchange account and boycott high street bookmakers. You don't need them!
They shut you down too
@@andyputtock5364 yes with premium charges
I work for this company and they look after the staff with bonuses good pay etc about greedy absolute tool
Scam company with so many glitches in their system on the casino site I will never trust Ladbrokes and will never understand how shit their poker site is.
Might be a bit of a gamble but I might buy some Ladbrokes shares while they are cheap
Don't bother Ladbroke coral are a disaster
Huge tax revenue earner for the tax man🤑
Interesting
Caan but don't you see some contradiction here as one minute we're complaining about these increasingly stringent 'proof of wealth checks' and how they're overkill and are stopping many legitimate gamblers from spending their money how they wish, and on the other hand Ladbrokes are being fined large amounts of money for NOT carrying out sufficient checks and for allegedly allowing 'money laundering' or 'bribery' - and we're criticizing them for that because of their profits. I'd suggest we really can't have it both ways. Do we think there should be less checks, or more checks? The way I see it high profile fines like this levied at bookies, even if in reality unconnected to the problems that the proof of wealth checks are supposed to mitigate, are only going to make the already extremely invasive checks even more justified. I understand your concerns but the bookmaker industry has always been shady by it's very nature. I'd argue it's more transparent now than it's ever been, but unfortunately that doesn't bode well for professional gamblers. And I don't see that ever changing as these are businesses, and like any business they are interested solely in maximal profits within the broad and often ill defined gambit of gaming law.
The contradiction litteraly is THE POINT. These companies want all these checks, its a huge data grab, they use and abuse them and document everyones finances under the premise of responsiblity... yet they don't use them asuch. They can't have it both ways as you say, so what is it? they either want the checks and do them as they're supposed to on the people their supposed to (not us) or they don't and we get to be free. This video highlights how pointless, misused and useless the checks are in my eyes. Your wealth has nothing to do with if you are addicted or not, and neither does it have relevance to how responsible a firm is.
been an absolute joke sportsbook for years. cant make more than a tenner from them..if yer lucky. joke very few licensed are worthy of being called sportsbooks.
And they was using grid cards before the source of fund scheme even came in. Check your facts before you post this crap
Hi caan I love your videos and always watch them... I have a issue myself I think you would take interest in, I won a £500 holiday with skybet via there 10k giveaway promotion, this was 1 of 5 £500 holiday vouchers they were giving away, the notification bell stated I had won this which I screenshot and also stated I would be contacted within 72 hours, I messaged sky via chat on the monday 72+ hours had passed I heard nothing, I was told because it was a bank holiday the company issuing the voucher may be busy and I was to contact them Friday if I still had not heard anything, so Friday came and still no email or phone call etc I gave them until Monday and contacted them again... Well I tried to but chat would not open when I selected the promotion help prompt, so I had to try other prompts, I got through and exchanged messages but soon as I mentioned the £500 holiday voucher the chat interface stopped working for me, I screen recorded my attempts to message back and also screen recorded txt documenting the issues I'm having so viewers of these recordings could read along and see what's been going on. Chat won't even load up now for me and I expect a account closure within hours tbh, my screen recordings should be entertaining with the txt I've supplied (just a explanation nothing Ill mannered) I'd love if I heard back from you and hopefully what I've screen recorded is of interest as it's quite funny how chat is working then all of a sudden soon as I mention the £500 voucher it stops functioning and I can't get back on chat and when I do via a different query option I get the same result