Seven UK racecourse bookmakers are fuming at reports they face fines of up to 2.5 percent of their gross annual profit for allowing a 16-year-old to place bets at Royal Ascot.
The fines are the result of the Gambling Commission's licence review into the seven bookmakers, which was launched in July 2019.
Speaking at the House of Lords Gambling Industry Committee on Tuesday, Robin Grossmith, the director of the Federation of Racecourse Bookmakers, addressed the claims, saying the fines are “disproportionate”.
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