Gambling Act Review: Industry Must Step Up, Says Gambling Commission Executive
Date: 2024-02-15 Author: Dima Zakharov Categories: EVENTS
The Commission’s Role and Industry Expectations
As the one-year anniversary of the Gambling Act review white paper approaches, attention on the UK's gambling market is at its peak. Tim Miller, executive director of the GB Gambling Commission, stresses the importance of a collaborative effort between the Commission and the industry for effective implementation.
Consultations and Preparation
The industry seems well-prepared for the proposed changes outlined in the 260-page white paper. Despite the document's detailed nature, unexpected proposals like the introduction of a gambling ombudsman have fueled ongoing discussions.
Shared Responsibilities
Miller underscores that while the Commission shoulders significant responsibilities, the industry must also remain committed to fulfilling its obligations outlined in the white paper. Transparent communication and cooperation between the Commission and stakeholders are deemed crucial for success.
Challenges Ahead
Despite efforts to provide clarity and engage stakeholders, challenges persist. Controversial aspects such as affordability checks have sparked early criticisms, necessitating further dialogue and research.
Combatting the Black Market
Beyond regulatory reforms, combating the black market remains a top priority. The Commission aims to leverage existing powers, secure additional authority, and collaborate internationally to tackle illegal gambling operations effectively.
Driving Industry Standards
Collaboration with international regulators and tech giants like Google and Facebook underscores the Commission's commitment to driving up industry standards. A united front against the black market fosters greater cooperation and alignment across markets.
