Opinion & Featured
UKGC LAUNCHES 3-YEAR PLAN TO REDUCE RISKS & CREATE MORE INFORMED MARKET
The UK Gambling Commission (UKGC) has launched a three-year plan aimed at reducing gambling risks.
According to the UKGC, it has identified five main objectives:
- Protect children and vulnerable people
- Create a fairer market with more informed customers
- Root out crime from the industry
- Ensure a smooth transition of the National Lottery to its new license holder in 2023
- Improve gambling regulation
In stating these objectives, the Gambling Commission pointed out that the rates of problem gambling in young and vulnerable people remains stubbornly high, and that its research has found the level of public trust in the gambling industry had fallen from 49% in 2008 to 29% in 2020.
AYO.NEWS says:
With a major review of the UK Gambling Act currently underway, and some influential figures even calling for a new regulator to replace the Commission, its plans could well end up changing significantly.
Staying with the UKGC, last month its CEO, Neil McArthur, announced his intention to step down after fifteen years with the regulator.
