BGC Supports Labour’s Plan to Collaborate with Gaming Industry
The Betting and Gaming Council (BGC) has announced its support of the Labour Party, the opposition party in the United Kingdom (UK), as it launched its plans to support the current regulatory reforms proposed by the Gambling Act.
BGC welcomes Labour's plan to collaborate on responsible gambling.
LISTEN TO THIS ARTICLE:The current UK government introduced a Gambling White Paper into the industry last year. This is the interim document that has been offered to industry stakeholders for consultation before amending current legislation. Labour support of this process is important because they look likely to win the general election in the UK next month, and the gambling industry is looking for clarity on changes in legislation.
Stakeholders in the gambling industry have spent a lot of time and money in preparing for the changes in legislation outlined in the White Paper and have been in negotiation with all parties in the UK Parliament to ensure the proposed changes to gambling law are enacted regardless of who wins the election.
On behalf of our members, the 110,000 people whose jobs rely on the regulated betting and gaming industry, and the 22.5 million people who enjoy a bet each month, we welcome Labour’s general election manifesto and its commitment to continue working with the industry to further drive up standards. BGC members are currently undergoing the biggest regulatory changes in a generation following the publication of the White Paper, which Labour supported.
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In its manifesto, Labour has pledged to continue with the reform process already started and will work with members of the gambling industry to enhance responsible gambling within the UK and also raise gaming standards.
Additionally, there is support from all the main political parties to introduce a statutory levy, with the proceeds being used to tackle problem gambling and gambling related harm.
The BGC is committed to responsible gaming guidelines and released a recent report where it boasted its members had achieved record compliance in age checks.
BGC has long treated Labour as not merely the official opposition in parliament, but as a government in waiting. We have worked closely with shadow ministers in recent years and we strongly welcome their commitment in the manifesto to work with the regulated industry. Whatever happens at the polls, our work to drive up standards carries on and we look forward to partnering with the next government in this vitally important work.
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