‘A genuine menace’ – is the threat from the black market being taken seriously? – Racing Post

A growing threat or an exaggerated distraction? Views on the dangers posed to the UK by the gambling black market vary wildly but it is one of the main talking points as the countdown continues to the publication of the government’s gambling review white paper.

A PwC report commissioned by the Betting and Gaming Council claimed that the proportion of UK online gamblers using unlicensed operators in 2020 had increased to 4.5 per cent – or around 460,000 people – from 2.2 per cent over the previous one to two years. The amount staked had doubled to 2.8 billion.

Neil McArthur, the then chief executive of the Gambling Commission, poured cold water on the report, saying it was “not consistent with the intelligence picture” and that the impact of the black market “may be being exaggerated”.

That was a view echoed by a number of MPs in a parliamentary debate about gambling in March, among them Gerald Jones, who said: “I have heard several times that gamblers will be driven to the…

Read Full Story: https://www.racingpost.com/news/insight/a-genuine-menace-is-the-threat-from-the-black-market-being-taken-seriously/554820

The post ‘A genuine menace’ – is the threat from the black market being taken seriously? – Racing Post first appeared on SEO, Marketing and Social News | OneSEOCompany.com.

source: https://news.oneseocompany.com/2022/05/08/a-genuine-menace-is-the-threat-from-the-black-market-being-taken-seriously-racing-post_2022050819354.html

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.