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Gambling Update
01 May 2024
Type
Written Ministerial Statement
Department
Department for Culture, Media and Sport
At a Glance
Issue Summary
The statement addresses updates on implementing gambling reforms and protecting racing industries.
Action Requested
The Gambling Commission has published decisions on four key measures from the white paper, including stronger age verification in premises and safer remote game design. The Government is working on a new system of frictionless financial risk checks through a pilot program, and an interim code to improve consistency until full implementation. A review of the Horserace Betting Levy is ongoing.
Key Facts
- Racing industry has direct revenues of £1.47 billion.
- Total annual contribution to UK economy from racing: £4.1 billion.
- The Gambling Commission published plans for four key measures in the white paper.
- Two types of financial risk checks are planned: frictionless light touch vulnerability checks and enhanced frictionless risk assessments.
- A pilot program will test data usage and impact on industry and consumers.
- An interim code by the Betting and Gaming Council aims to resolve ad hoc document checks until full implementation.
- The Government started a review of the Horserace Betting Levy in May 2023.
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