Flutter Entertainment plc Rotten Score Breakdown

The UK Gambling Commission announced that Paddy Power Betfair would pay a £2.2 million regulatory settlement after an investigation identified social-responsibility and anti-money-laundering failures. The regulator found that the operator failed to interact adequately with customers displaying signs of problem gambling and failed to conduct adequate anti-money-laundering checks. The Commission reported that significant amounts of stolen money were consequently gambled through the operator. Flutter Entertainment was named Paddy Power Betfair plc at the time and adopted the Flutter Entertainment name in 2019. This record therefore concerns the same corporate group under its former name. Source / proof: UK Gambling Commission: https://www.gamblingcommission.gov.uk/news/article/paddy-power-betfair-to-pay-penalty-package-for-social-responsibility-and