During the annual general meeting (AGM) of the Betting and Gaming Council (BGC) held in London, Chief Executive Officer (CEO) Brigid Simmonds addressed the forthcoming UK Government White Paper and discussed the potential implications of a tax levy on gambling companies. Simmonds emphasized the BGC’s commitment to improving safer gambling standards and the need for proportionate and targeted measures to protect vulnerable individuals. She also highlighted the significant contributions made by BGC members towards research, education, and treatment (RET) initiatives, expressing concerns about the potential negative consequences of a mandatory levy.
Prioritizing Safer Gambling Standards:
Simmonds made it clear that the BGC’s primary focus is on improving safer gambling standards. While the BGC supports the changes outlined in the upcoming White Paper, Simmonds emphasized the importance of ensuring that the proposed reforms are proportionate and well-considered. The BGC aims to address the needs of both vulnerable individuals and the small percentage of the population classified as problem gamblers, without burdening the entire industry with unnecessary measures.
The Role of Voluntary Funding:
Simmonds highlighted the significant impact of RET funding provided by BGC members in reducing problem gambling rates. She stated that many of the positive changes already implemented can be attributed to the voluntary contributions made by the largest betting firms, totaling an additional £100 million. Simmonds expressed concerns about the potential introduction of a mandatory levy, arguing that it would undermine the voluntary charitable initiatives that have been in place for over two decades. She cautioned against diverting funds away from their original purpose and potentially increasing taxes without a clear benefit to tackling gambling harm.
Preserving the Positive Presence of Betting Shops:
Simmonds also addressed the positive contribution of betting shops to UK high streets, emphasizing their role as key components of successful retail and leisure ecosystems. Citing data, she noted that 89% of people who spend money in a betting shop also spend money elsewhere on the high street. This demonstrates the interconnected nature of retail and leisure activities, highlighting the importance of maintaining a diverse mix of businesses to support thriving high streets.
The Impact of the White Paper:
The forthcoming UK Government White Paper is expected to introduce significant reforms that will shape the future of the UK gambling market. The BGC’s AGM provided a platform for Simmonds to voice the organization’s stance on the proposed changes. With a focus on proportionate regulation and voluntary funding, the BGC aims to ensure that any measures implemented effectively address gambling-related harms while preserving the positive contributions made by the industry.
During the BGC’s AGM, CEO Brigid Simmonds emphasized the organization’s commitment to improving safer gambling standards and called for proportionate regulation that targets vulnerable individuals. Simmonds highlighted the voluntary contributions made by BGC members in funding RET initiatives, cautioning against the potential negative consequences of a mandatory levy. She also emphasized the positive presence of betting shops in UK high streets and their role in supporting thriving retail and leisure activities. As the UK Government White Paper takes shape, the BGC remains committed to advocating for responsible gambling measures that strike a balance between player protection and industry sustainability.