Paddy Power shares jump despite €2.5m UK fine

Paddy Power-Betfair shares rose by over 5% despite it being effectively fined £2.2m (€2.5m) by the UK’s gambling watchdog for failing to guard against money laundering activity.

Paddy Power shares jump despite €2.5m UK fine
Wed, 17 Oct, 2018 - 09:40

By Geoff Percival

Paddy Power-Betfair shares rose by over 5% despite it being effectively fined £2.2m (€2.5m) by the UK’s gambling watchdog for failing to guard against money laundering activity.

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CourtsPlace: UKPlace: DublinPerson: PaddyPerson: Geoff PercivalPerson: Richard WatsonPerson: Paddy Power-Person: Paddy PowerPerson: CEOPerson: Peter JacksonOrganisation: Paddy PowerOrganisation: BetfairOrganisation: PowerOrganisation: Britain’s Gambling CommissionOrganisation: Paddy Power-BetfairOrganisation: Gambling CommissionOrganisation: GambleAware
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