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(Reuters) – Great Britain GVC <GVC.L> announced Wednesday that it would pay £ 5.9 million to complete a Gambling Commission investigation into Ladbrokes Coral's breaches, including by not protecting consumers from harmful consequences. games.
GVC agreed to buy the Ladbrokes Coral bookmaker for 4 billion pounds in 2017.
The Gaming Commission found that Ladbrokes and Coral failed to put in place effective safeguards to prevent consumers from gambling and money laundering from November 2014 to October 2017, the Commission said. national lotteries.
(Report by Tanishaa Nadkar in Bengaluru, edited by Anil D'Silva)
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