Corbett Bookmakers Limited
Account number
1950
Head office address
Corbett Bookmakers Limited, 74-78 Welsh Road, Garden City,DEESIDE, CH5 2HU, United Kingdom
Regulatory actions
What is a sanction?
When a licence holder has not followed rules and regulations aimed at ensuring gambling is fair, safe and crime-free, we can take action and impose the following sanctions:
- Give the licensee a warning
- Add, remove, or amend a condition to the licence
- Suspend a licence
- Revoke a licence
- Impose a financial penalty
Decision date: 12 September 2022
Outcomes: Conditions attached to the licence, Financial penalty and Warning
Details of action
Following a review of the operating licence undertaken against Corbett Bookmakers Limited (the Licensee), the Commission found that the Licensee:
- breach of paragraph 1 of Licence condition 12.1.1 (Prevention of money laundering and terrorist financing)
- breach of paragraph 2 and 3 of Licence condition 12.1.1 (prevention of money laundering
- failure to comply with Social Responsibility code provision (SRCP) 3.4.1
- failure to comply with Paragraph 2 of SRCP 1.1.2 Responsibility for third parties
- failure to take into Consideration of Ordinary code provisions 2.1.1 paragraphs 1 and 2.1.2 paragraph 1
In line with the Commission’s Licensing, compliance and enforcement policy statement, the Indicative sanctions guidance and the Statement of principles for determining financial penalties, the Commission has decided to:
i. impose a warning under section 117 (1) (a) of the Gambling Act 2005 (the Act)
ii. attach additional conditions to the Licensee’s operating licence under section 117(1)(b) of the Ac
The Licensee must undertake a third-party audit within 12 months of the conclusion of the review. The purpose of the audit is to examine whether the Licensee is effectively implementing its anti-money laundering and social responsibility policies, procedures and controls in accordance with its regulatory requirements.
iii. impose a financial penalty of £215,600 under section 121 of the Act.
The Licensee co-operated with the Commission throughout the investigation and took corrective steps to address the identified failings.
What is a sanction?
When a licence holder has not followed rules and regulations aimed at ensuring gambling is fair, safe and crime-free, we can take action and impose the following sanctions:
- Give the licensee a warning
- Add, remove, or amend a condition to the licence
- Suspend a licence
- Revoke a licence
- Impose a financial penalty
Decision date: 6 March 2025
Outcomes: Conditions attached to the licence, Conditions attached to the licence and Financial penalty
Details of action
Following a review of the operating licence undertaken against Corbett Bookmakers Limited (the Licensee) the Commission found that the Licensee:
- Breached paragraphs 1 and 2 of Licence Condition 12.1.1 - Anti-money laundering - Prevention of money laundering and terrorist financing.
- Failed to comply with paragraphs 1a, 1b, 1c and Paragraph 2 of social responsibility code provision 3.4.1 - Customer Interaction.
- In addition, Officials consider the Licensee failed to fully consider Ordinary Code Provision (“OCP”) 2.1.2 paragraph 1 – Anti-money laundering - other than casino.
In line with the Commission’s Licensing, compliance and enforcement policy statement, the Indicative sanctions guidance and the Statement of principles for determining financial penalties, the Commission has decided to:
(i) attach an additional condition to the Licensee’s operating licence under section 117(1)(b) of the Act requiring the Licensee to conduct a third-party audit within 12 months of the conclusion of the review, to examine whether the Licensee is effectively implementing its anti-money laundering and social responsibility policies, procedures and controls
(ii) impose a financial penalty of £686,070 under section 121 of the Act.
The Licensee co-operated with the Commission throughout the investigation and took corrective steps to address the identified failings.