An online gambling firm that contacted older people and persuaded them to bet tens of thousands of pounds on lottery results is to escape sanctions, despite a damning regulatory investigation into its practices.
The IMME Ltd, which is base in the Isle of Man and trades as Lotteries.com and The Lottery Centre, committed extensive breaches of its gambling licence, according to the Gambling Commission.
The firm’s sales agents, who used fake names on the phone, “disproportionately” targeted older people, it said, with 75% of customers aged 60 to 79 and 20% 80 or older.
One customer, who was 100 when the commission began its review, bet £23,839 in just five months without IMME inquiring about his source of funds. The company knew two of its top
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