Affiliate News Hubb
Advertisement Banner
  • Home
  • Affiliate Marketing
  • Marketing
  • News
  • Contact
No Result
View All Result
  • Home
  • Affiliate Marketing
  • Marketing
  • News
  • Contact
No Result
View All Result
Wellnessnewshubb
No Result
View All Result
Home News

UK Gambling Commission deputy CEO says black market risks are “overstated”

admin by admin
January 13, 2023
in News


The UK Gambling Commission deputy CEO Sarah Gardner has warned the industry that the regulator will not tolerate black market risks being “overstated” without evidence. On reflecting on the state of the iGaming industry since the introduction of the 2005 Gambling Act, the deputy CEO’s view is that the black market will continue to evolve and become more difficult to eliminate. This is despite past GC chief Andrew Rhodes saying in December 2021 that the black market was “nowhere near” enough of a threat to stop the Gambling Commission from taking necessary action against it.

All of this results in the argument that further regulations to the UK iGaming market will simply result in a bigger and more robust iGaming black market.

“There is an argument, sometimes made in Great Britain, that just because there are illegal sites and unregulated gambling – with no protections and bad outcomes for consumers – we should scale back or stop some of the interventions we think we need to make in the regulated market to mitigate against the risk of consumers jumping from regulated gambling into unregulated gambling,” she said in a speech to Danish regulator Spillemyndigheden.

“I cannot accept this argument. Indeed, I believe that no regulator should knowingly allow bad practices of the type we are talking about here, practices which can cause harm, to carry on in the regulated market.”



Source link

Previous Post

How to Make Money on Pinterest

Next Post

This 33-Year-Old Earns 6 Figures/Year Curating the Best Internet Content For His Subscribers

Next Post

This 33-Year-Old Earns 6 Figures/Year Curating the Best Internet Content For His Subscribers

Recommended Post

How Nate Ginsburg Acquired Centuria for 7 Figures

3 months ago

How influencers use affiliate marketing programs to make money and how much they earn

1 month ago

The 18 Most Creative Ad Campaigns in History

3 weeks ago

How to Easily Bypass VPN Blocks (Even for Netflix, FACEBOOK) Guide

4 months ago

Why Reseller Hosting Plans Make Starting a Business Easy

1 month ago

Steady state and the trigger for change

4 months ago

© 2022 Affiliates News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Affiliate Marketing
  • Marketing
  • News
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • Affiliate Marketing
  • Marketing
  • News
  • Contact

© 2022 Affi;iate News Hubb All rights reserved.