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BlueBet fined for allowing man to gamble $700k despite ‘clear red flag behaviours’

Regulator found bookmaker prioritised profit over man’s wellbeing by supplying him with bonus bets after he ran out of money to gambleGet our breaking news email, free app or daily news podcastA man who “binge gambled” $40,000 in an 11-hour session was awarded VIP status by the bookmaker BlueBet and assigned a dedicated personal manager who encouraged him to keep betting and took a cut of his losses.A regulator has found it wasn’t until the man had gambled $700,000 four months later and displayed multiple “clear red flag behaviours” that BlueBet checked whether he could afford to be betting so much. Continue reading...

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