The Gambling Commission’s Executive Director shared his thoughts on the state of modern British gambling. In Tim Miller's opinion, the local market is successfully recovering from the pandemic after recent changes.
The expert also talked about the segment’s upcoming transformations and mentioned an international gambling sphere with its relation to the UK.
British Gaming Market: Changes and Current State
Mr Miller said that any jurisdiction, even the biggest and most sustained one, can be affected by general trends and situations in the world. That is why, the United Kingdom’s amusement sphere encountered some issues when the pandemic entered and altered the international arena.
However, the local industry managed to survive and return to thriving. Here are some figures testifying to this:
- The UK’s GGY for the year till March 2022 reached £14.1 billion, excluding over £8 billion from lottery operations.
- In March 2023, it was reported that 44% of adult residents gambled at least once within the 4 weeks before the specified date.
The results are close to those obtained in early 2020. Even though Great Britain was hit by Covid-19, the country’s entertainment sector recovered and continued its growth.
The local market proceeds to go through major changes. The UKGC concluded the biggest enforcement case ever within a year. Also, the commission broke 2 records in terms of settlement. The organisation completed 24 cases with £60 million in total. In 2016−2017, there were only 3 operators which brought in £1.7 million.
Combating Illegal Gaming
The UKGC demonstrated impressive results and a serious attitude in the gambling sphere. The body carried out:
- 9/10 of the largest-scale enforcement penalties globally;
- 85% of all compliance-ensuring actions internationally.
For instance, the commission paid a lot of attention to In Touch Games, ensuring their suspension, since the content could cause violations of the Gambling Act.
Mr Miller also mentioned that the regulatory body proceeds to establish and deepen relationships with other authoritative organisations. This is necessary for more efficient work on legal issues on both worldwide and local levels.
For instance, the UKGC is setting up cooperation with 2 grand associations:
- NAGRA in Europe;
- GREF in North America.
Great results testify to the fact that the Gambling Commission chose the right method of regulating the industry. In the last year, experts detected a 46% decline in traffic from Great Britain to illegal entertainment portals.
Tim Miller also emphasised the importance of collaborative efforts. They can help with ensuring a safe and fair gaming environment. Thus, all the market parties — regulators, operators and players — will benefit from the situation.
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