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19 Jun 19
12:51
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Date Joined:
02 Mar 08
The UK's biggest gambling firms are offering the government a significant
increase in the money they contribute to tackling problem gambling.
The owners of William Hill, Coral Ladbroke, Betfair Paddy Power, Skybet and
Bet 365 will offer to increase the voluntary levy on their gambling profits, the BBC has learnt.
They have offered to up the levy from 0.1% to 1% over the next five years.
The new level would eventually raise £100m per year for gambling charities.
Last year, the voluntary levy raised £10m.
The firms made the pledge in a letter to the Department for Media Culture and
Sport seen by the BBC.
The Gambling Commission recently said the need for more staff, research and
treatment required an annual contribution from the industry of £70m.
The firms said they would also consider increasing the amount of safer gambling
messaging and reviewing the "tone and content" of its advertising.
The pre-emptive offer is part of an effort by the industry to improve its image
after what insiders acknowledge was a reputation-damaging battle over Fixed
Odds Betting Terminals which eventually saw the maximum stake in any one
spin reduced from £100 to £2.
One source told the BBC that "the industry is on a precipice - if we don't get
ahead of this we will end up where the alcohol industry was ten years ago
and tobacco thirty years ago. The fear is that we face a ban on touchline
advertising or football shirt sponsorship"
The gambling firms have already agreed to a voluntary "whistle to whistle" ban on
advertising during sporting events from August of this year.
In an extract of the letter to Jeremy Wright, the firms say that as companies
representing half of the gambling industry, "we are committing to collaborate
to address gambling-related harm with the priority of protecting the young
and vulnerable."
Labour Deputy leader Tom Watson has described Britian's "gambling epidemic"
as a public health crisis as it can lead to debt, loneliness and suicide.
He has called for all gambling firms to be forced to reapply for their licence to
review their commitment to corporate responsibility. He has also recommended
the establishment of a gambling ombudsman to provide redress for customers
who are treated poorly.
A recent report published in the British Medical Journal found that the economic
and social harms of problem gambling have been underestimated.
The gambling commission estimates there are 430,000 people with a serious
gambling addiction in the UK. If you include those they deem at risk of addiction
the number rises to over two million
https://www.bbc.co.uk/news/business-48690743
increase in the money they contribute to tackling problem gambling.
The owners of William Hill, Coral Ladbroke, Betfair Paddy Power, Skybet and
Bet 365 will offer to increase the voluntary levy on their gambling profits, the BBC has learnt.
They have offered to up the levy from 0.1% to 1% over the next five years.
The new level would eventually raise £100m per year for gambling charities.
Last year, the voluntary levy raised £10m.
The firms made the pledge in a letter to the Department for Media Culture and
Sport seen by the BBC.
The Gambling Commission recently said the need for more staff, research and
treatment required an annual contribution from the industry of £70m.
The firms said they would also consider increasing the amount of safer gambling
messaging and reviewing the "tone and content" of its advertising.
The pre-emptive offer is part of an effort by the industry to improve its image
after what insiders acknowledge was a reputation-damaging battle over Fixed
Odds Betting Terminals which eventually saw the maximum stake in any one
spin reduced from £100 to £2.
One source told the BBC that "the industry is on a precipice - if we don't get
ahead of this we will end up where the alcohol industry was ten years ago
and tobacco thirty years ago. The fear is that we face a ban on touchline
advertising or football shirt sponsorship"
The gambling firms have already agreed to a voluntary "whistle to whistle" ban on
advertising during sporting events from August of this year.
In an extract of the letter to Jeremy Wright, the firms say that as companies
representing half of the gambling industry, "we are committing to collaborate
to address gambling-related harm with the priority of protecting the young
and vulnerable."
Labour Deputy leader Tom Watson has described Britian's "gambling epidemic"
as a public health crisis as it can lead to debt, loneliness and suicide.
He has called for all gambling firms to be forced to reapply for their licence to
review their commitment to corporate responsibility. He has also recommended
the establishment of a gambling ombudsman to provide redress for customers
who are treated poorly.
A recent report published in the British Medical Journal found that the economic
and social harms of problem gambling have been underestimated.
The gambling commission estimates there are 430,000 people with a serious
gambling addiction in the UK. If you include those they deem at risk of addiction
the number rises to over two million
https://www.bbc.co.uk/news/business-48690743
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Replies: 18
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They'll never do the decent thing and close bigmart's accounts for him.
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Do drug dealers ever pay for methadone for any of their clients ?
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They would if you taxed them.
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You've nailed it
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We don't have to have a bet every day, we just choose to.
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How is it possible to be "at risk of addiction"?
If you're in a situation where the temptation for addiction is present, but you haven't succumbed, then by definition you're not at risk. |
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God bless 'em, such kind and generous hearts ! Next,can we have them paying more to the people that rehome retired greyhounds after running them into the ground.
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I can resist everything EXCEPT temptation
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I love how they are allowed to opt for a VOLUNTARY levy
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£0.00p
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Treetop right Greyhounds hate racing should be on the Couch aged 2 .
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God bless 'em, such kind and generous hearts ! Next,can we have them paying more to the people that rehome retired greyhounds after running them into the ground.
I agree with that treetop |
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What I find insulting is that they are treating us like kids when it comes to gambling
They'll send you an email asking if everything is all right, but then another email comes through asking if you want a deposit bonus on their casino  I don't feel the need to gamble, my last bet was a fiver on Schwarz to beat Fury just as a laugh I've been getting bombarded for days to take free spins etc even though I've permanently self excluded from their casino ffs |
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first wrap free
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The owners of William Hill, Coral Ladbroke, Betfair Paddy Power, Skybet and
Bet 365 will offer to increase the voluntary levy on their gambling profits, the BBC has learnt. Those figures look suspect to say the least. 0.1% = £10m therefore 100% (Bookies profits) = £10,000m. |
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The soft debts (From Rangers directors) wiped out today when converted to shares.
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Oops wrong thread.
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They would love everybody on the casino...free money for them
I know someone who tries to self exclude from online casino and keep sport betting but they won't let him like you Sontaran Those bookies just want mugs nobody else, or they may have to pay out on a winner |