The Betting and Gaming Council is receptive to updated gambling laws in the UK, as the country closes in on its reform. However, the industry group warns that even “well-meaning” changes can have a negative impact.
The BGC issued a statement today in which it indicates that the group supports initiatives that will help the UK recover from the impact of COVID-19. The group is capable of making investments, supplying jobs, and providing tax revenues. However, it may have to truncate its involvement if the government establishes “well-meaning but naïve changes” when it completes its gambling law review.
Our members are ready, willing and able to assist in the Chancellor’s post-covid economic recovery plan… But it is vital the industry’s contribution to sports, local communities, jobs and tax revenues, is not put at risk in the Gambling White paper and with well-meaning but naive changes to regulation,” states BGC CEO Michael Dugher.
The UK has been preparing to update its gambling laws for several years. The reform could have come last year. But additional work and other priorities slowed the process down.
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Betting and Gaming Council Warns Against ‘Naïve Changes’ to UK Gambling Law
