Regulation

Betfair Australia ordered to refund £83k to problem gambler

Operator failed to recognise “red flag behaviour” from a customer who asked to reverse a withdrawal

Crown Resorts-owned Betfair Australia has been ordered to repay A$150,000 (£83,000) to a customer who was allowed to reverse a withdrawal and gamble while displaying “red flag behaviours”. The decision was handed down by the Northern Territories’ Racing Commission, which regulates Betfair in Australia, which said the operator had failed to comply with its licence conditions…

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