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Tory MP Calls for Gambling Regulator to be Binned

by Glenn Baird - December 15, 2020

Conservative MP Iain Duncan Smith has called for the government to “get rid of” the Gambling Commission in favour of what he describes as a regulator that is independent from the industry.

Further to this condemnation the former Conservative leader claims that the only body to apply significant pressure on the industry has been the All-Party Parliamentary Group (APPG), a group led by MPs that he believes has seen the application of pressure needed to spark the reform of the 2005 Gambling Act.

“We have been calling for reform of our gambling laws for many years, and so I very much welcome the launch of the long-awaited gambling review published this week,” Duncan Smith wrote.

He went on to address the industry’s regulatory processes, criticising the UKGC for not doing enough, which had led the “gambling industry and its profits to grow exponentially extracting most of their money from those who are most addicted – with 60 percent of the profits coming from just 5 percent of gamblers, who are those likely to be experiencing harm”.

He goes on to say that he wants to see all VIP schemes banned and that more needs to be done to focus on the impact of problem gambling.

“This time the government must be clear: the industry is in dire need of a reset,” he concluded. “The gambling industry must be made to understand the extent of the responsibilities it holds in order that the public can be better served.”

The United Kingdom of Great Britain and Northern Ireland sits to the north-west of mainland Europe. The United Kingdom shares a border with The Republic of Ireland and has coasts on the Atlantic Ocean, Celtic Sea, North Sea, Irish Sea and English Channel. The population of the UK is approaching the 67.6 million mark leading to a fairly densely populated land mass. The gambling sector in the United Kingdom is entirely regulated and licensed by the UKGC – the United Kingdom Gambling Commission. Should players resident In the UK wish to gamble with foreign based operators there is no history of this being treated as a criminal offence, but high levels of protection exist for UK residents playing with UK licensed operators.

Disclaimer:

The above information is what we believe to be the the legal status of online gambling, however information on this topic is limited and hard to find. We accept no liability for any errors or ommissions. It is the reader’s responsibility to ensure that they know the legality of online gambling in their country before engaging with any online gambling service.