The UK Gambling Commission has ordered Petfre (Gibraltar) Limited, the operator of Betfred.com, to pay a £900,000 penalty. The settlement resolves findings related to the company’s social responsibility compliance procedures.
Regulatory Findings and Resolution
The enforcement decision follows a review of the platform’s player protection framework. Petfre (Gibraltar) Limited accepted the financial terms to address the identified shortcomings in its social responsibility measures.The commission confirmed that the payment concludes the current investigation into the site’s compliance standards. The settlement ensures the operator meets the required regulatory benchmarks for ongoing licensing.