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In February, William Hill was fined 6.2m by the Gambling Commission for not blackjack doing enough to prevent money laundering and harm to customers. In one case, a customer was allowed to deposit 514,000 over 14 months, because staff assumed he earned 365,000 after one conversation. In reality, he earned 30,000 and stole from his employer. And last week, the commission fined three online casino companies almost 14m for not having effective safeguards. It comes after the government agreed to reduce the maximum stake on fixed-odds betting terminals (FOBTs) - often slot machines in betting shops and pubs - from 100 to 2, pledging to introduce the change in April instead of October after outcry. David Armstrong, 71, said his addiction to FOBTs cost him 15,000 in one afternoon, and while he welcomed the change, he said it came far too late. Its a good thing but they have dragged their feet, he said. Its too late for the people who have been destroyed and the many people who have committed suicide over these machines. It has really come too late because theres too many lives been destroyed. He said FOBTs were a story of financial devastation and suicide, and said he believed any family who lost someone to suicide over gambling addictions should be given compensation.
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