32Red Pays Back £590,000 Stolen by Gambler

This story was published more than 1 year ago.

Online betting group and Kindred subsidiary 32Red has paid £590,000 to a Northern Ireland business whose former employee stole that sum of money from them in order to gamble on the betting site.

The company that had funds stolen was identified as S3 Alliance out of Derry, Northern Ireland. A former employee named Tracey Curran stole money from S3 by using company credit and debit cards. The money was then entirely bet on 32Red, and lost. Curran pleaded guilty to six counts associated with the case, and will be sentenced in the near future.

32Red paid the funds to the company "as a gratuity", according to a Public Prosecution Service barrister. The move comes after several incidents that 32Red has had, leading to bad press and regulatory penalties. Last year they were fined £2 million for various systems failures and oversights, which led to an addicted gambler losing £790,000.

No comment on the payment was made by 32Red or Kindred.

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About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.
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bgsharpe
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22 November 2019 - 2:34pm
#1

I was going to say it's a noble act from the casino's side restoring the stolen funds...before I've read the story to the very end....and now I think that's more of a preservation for them to avoid a similar issues to the ones they've had before..I guess.

usbarbadosslim93
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22 November 2019 - 5:38pm
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Yeah, I'd think that returning stolen funds would be something these casino groups would instantly repay once it was discovered. Seems like just the smart thing to do PR wise and regulation wise.

sharpe