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UK Wants More Problem Gambling Soultions

UK REGULATORY CHIEF SAYS INDUSTRY DOES NOT CONTRIBUTE ENOUGH TO PROBLEM GAMBLING SOLUTIONS
 
Harrison hints at a more robust mandatory approach if operators dont come through.
 
Speaking at the World Regulatory Briefing conference in London this week, the UK Gambling Commission head, Sarah Harrison, suggested to the gambling industry that a greater commitment to combat problem gambling through voluntary funding was needed...and hinted that if this was not forthcoming "a more robust arrangement" imposed on the industry may prove necessary.
 
Comparing the amount of money invested in advertising by operators to that of their voluntary contributions to responsible gambling projects, Harrison said that GBP 120 million was spent on advertising last year, but gambling firms contributed only GBP 6.5 million to the Responsible Gaming Trust.
 
"That cannot be right," she said. "GBP 6.5 million is nowhere near enough. If the RGT were able to rely on a minimum of 0.1 percent of every operator’s GGY, that would provide a ballpark figure of GBP 10 to GBP 11 million - a much more credible sum for such an important task.”
 
The Gambling Commission chief said that it should be a concern among operators that the problem gambling contribution be evenly carried by the industry, observing:
 
“How can it be fair that some operators, large and small, contribute year in and year out while others get a free ride?”
 
Referring to the current voluntary scheme, Harrison hinted at a tougher approach if the issue was not addressed, saying:
 
“I know that RGT would welcome a more robust arrangement, for example under which the industry agrees and codifies a common approach.
 
“Great Britain operators now face a key opportunity - to give credible commitment to the voluntary based system for supporting research, education and treatment, or face stronger calls for mandatory action.”
 
Harrison voiced support for the new National Responsible Gambling Strategy developed by the Responsible Gambling Strategy Board (RGSB) - the Commission’s expert advisory board on responsible gambling.
 
“I believe this strategy provides the framework for what we are jointly working to achieve. Devised in consultation with stakeholders, it covers all forms of gambling and sets the agenda for operators, regulators, commissioning organisations, Government, trade bodies, treatment providers and a number of other public agencies,“ Harrison said.
 
She added that the new RGT chairperson, Kate Lampard, would oversee a research plan and secure funding to implement the strategy over the next three years, but that there was a  need for the industry to commit to the project by delivering the necessary funding for the resources and expertise that will be required.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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