BGC statement on APPG report
In response to the report by the APPG on gambling, a BGC spokesperson said:
“Over 20 million adults enjoy gambling occasionally, whether that’s on the National Lottery, bingo, sports or gaming, including online, and the overwhelming majority of them do so safely.
Both the Regulator and the Government have both made it clear that there is in fact no evidence that problem gambling has increased, but as an industry we have to keep doing more to help those people for whom gambling does become a problem.
“Since the BGC was formed as the standards body last year, we have driven a number of significant changes across the industry – from advertising restrictions, encouraging deposit limits, monitoring play and spend so we can intervene to prevent customers getting into difficulties, closing online accounts, introducing strict new ID and age verifications, implementing the ban on credit cards and massively increasing funding for research, education and treatment.
“We are committed to making even more changes and to driving up safer gambling standards further, and we look forward to working with the Government on their forthcoming Review.
“Of course there will always be people who are anti-gambling and prohibitionists who are not interested in the fact the regulated industry supports over 100,000 jobs and pays over £3 billion in tax. But we have to avoid measures that could drive people away from gambling safely with online companies who operate in what is rightly already a heavily regulated market, to instead gambling online with unregulated, offshore, black market, illegal operators that don’t conform to any standards or safeguards to protect problem gamblers and the most vulnerable”.