In a new animated video, the Betting and Gaming Council (BGC) highlights the potential negative consequences of the Government’s Gambling Review. The review, led by Culture Secretary Oliver Dowden, will address stake limits, the role of the Gambling Commission, and advertising restrictions. According to figures from PWC, approximately 200,000 UK customers gambled £1.4bn with unlicensed online operators between 2018 and 2019.
The three-minute video emphasizes the significant contribution of the regulated sector to the UK economy. This sector contributes £8.7bn, including £3.2bn in tax revenue, and supports 100,000 jobs. Additionally, it provides £350m to horseracing through sponsorship, media rights, and levies. Furthermore, it supports various sports such as football, darts, snooker, and rugby league.
Michael Dugher, the BGC’s chief executive, expresses support for the Gambling Review but cautions against unintentionally driving customers towards the illegal online black market, which lacks the protections present within the regulated industry. The animated video highlights the commitment of the regulated industry to safer gambling and underscores its role in supporting the economy and popular sports.
The Gambling Review is already underway, with the Department for Digital Culture, Media and Sport (DCMS) inviting evidence until March 31, 2021. The review aims to ensure that customer protection is prioritized as the government seeks to balance the enjoyment of gambling with appropriate regulations. Furthermore, the review will assess the role and capabilities of the Gambling Commission to address the challenges posed by the black market.
