Ladbrokes refutes claims of unethical business

Australian Gambling – LADBROKES has strongly refuted claims made by UK newspaper The Guardian that it turned a blind eye to illegal activity. Paul Pearce, an ex-employee of Ladbrokes, contacted The Guardian after it published an article claiming fixed-odds betting terminals (FOTD) were used across the country to launder money. Pearce claimed the UK’s biggest bookmaker told staff “not to mention the words “children”, “smashed” and “money laundering” in company documents for fear of exposing the scale of underage gambling and criminality in betting shops” and that the emergence of FOBTs in 2001 has meant the sector is “riddled with…