The low prevalence of problem gambling among UK adults, as indicated by the Gambling Commission’s figures of 0.3%, has sparked a call from a Member of Parliament (MP) for the government to adopt a balanced approach to regulating the legal gambling market.
Sensible Regulations and Responsibility:
MP Jenkinson highlights that while the majority of individuals engage in betting safely and responsibly, a small minority may experience gambling-related problems. Drawing a parallel to alcohol consumption, he emphasizes the importance of sensible regulations. However, he questions whether blanket affordability checks, proposed by the anti-gambling lobby, are an appropriate solution. Comparing it to setting limits on alcohol spending to protect alcoholics, he argues that a one-size-fits-all approach rarely benefits anyone.
Targeted Approach for Harm Prevention:
Jenkinson suggests that a more effective strategy is to leverage existing technology and tools to identify individuals at risk and provide them with additional protections, while allowing the general public to continue gambling. By employing a targeted approach, the industry can better address the needs of vulnerable individuals without unnecessarily restricting the freedoms of others.
The Threat of the Black Market:
The MP also raises concerns about overregulating the legal gambling market, which could drive gamblers towards unregulated platforms. He notes that the black market already has a significant user base and handles billions in wagers. Importantly, this unregulated sector does not contribute funds to support sports, such as horseracing, darts, snooker, rugby, and football, nor does it invest in preventing problem gambling or generate revenue for the Treasury.
Impending Gambling Act Review:
The forthcoming review of the Gambling Act 2005 provides an opportunity to create a regulatory framework that aligns with the realities of the digital age. With the rapid advancement of technology, it is crucial to address online gambling, which presents unique challenges and opportunities. The review should explore measures to enhance consumer protection, promote responsible gambling practices, and ensure that the industry contributes to funding initiatives aimed at preventing and addressing problem gambling.
Collaboration and Industry Responsibility:
An effective solution to the issue of problem gambling requires collaboration among stakeholders. The government, gambling operators, charities, and the public must work together to strike a balance between freedom and protection. Industry responsibility plays a crucial role in implementing robust measures to safeguard vulnerable individuals, including enhanced player verification, self-exclusion options, and increased support for treatment programs.
As the UK government undertakes the review of the Gambling Act 2005, it is essential to find a balanced approach that addresses problem gambling while preserving individual freedoms. Rather than imposing blanket affordability checks, targeted measures utilizing existing technology and tools can better protect vulnerable individuals. Moreover, it is vital to recognize the potential risks posed by the black market and ensure that a regulated gambling sector supports sports, harm prevention, and contributes to public finances. By working collaboratively and responsibly, the UK can establish a gambling landscape that is fit for the digital age and promotes the well-being of its citizens.