Monday, October 21, 2024 2:32 PM
Image aggregated from Next.io.
According to CEO Andrew Rhodes, tackling the black market is a top priority for the Commission, with the regulator dedicating significant resources and expertise to the effort.
The size and potential growth of the UK gambling black market has become a big topic in recent years following accusations some of the country’s gambling reforms, especially the controversial affordability checks, will prove a boon to illegal operators.
The Gambling Commission CEO said: “The Illegal market is bad from a human point of view – as it poses a risk to consumers, especially the vulnerable. It is also unlikely to operate in a way that is fair or safe. It is also a concern from an economic point of view – as it pays no tax and undercuts legitimate business.”
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