William Hill Faces Financial Penalty for Wrong Data to Regulator
Leading bookmaker William Hill could be looking at a hefty fine after the UK Gambling Commission found out that the operator submitted incorrect data.
The Gambling Commission had been analyzing the impact COVID-19 had on betting habits and relied on submissions from companies with 80% of the UK, including William Hill, for data.
Based on the data it receives from these firms, which shows how much customers are losing, the regulator has regularly published updates since March 2020 on how successive lockdowns could drive people to gamble too much on the internet.
However, in an update published on December 23, the Gambling Commission realized that William Hill provided “incorrect data points” for the months between March 2020 and September 2021.
As a result, it might have to invalidate its analysis and re-analyze its data which had been regarded as a reliable source by academics and health workers trying to research how the pandemic led to gambling problems and related harms.
Although the regulator has the power to suspend or revoke operator’s licenses, it only does that in extreme cases. But it regularly resolves to fine companies that disregard the terms of their license to operate a gambling business in Great Britain.
William Hill will be getting its financial penalty at a time when the government is putting the finishing touches on a report of how gambling is regulated with proposals geared to be submitted in the spring.
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