Gambling with Lives, a charity that helps families of those who have died of gambling-related suicides, welcomed the GB Gambling Commission’s record action against the Entain Group, but is doing more to tackle gambling addiction I warned you that you should.
Entain was ordered yesterday (17 August) to pay a total of £17m (€20.1m/$20.4m).
This includes the £14m failure of LC International Limited online division, which operates websites such as Ladbrokes.com., Coral.co.uk and Foxybingo.com, and the failure of land-based Ladbrokes Betting & Gaming Limited. includes £3 million for Across the UK he operates a division of 2,746 gambling establishments.
£17m was the highest ever payout package ordered by the commission, but Gambling with Lives strategy director Will Prochaska said this was not enough and regulators are looking at other ways to punish operators. said it should.
Gambling Commission Chief Executive Andrew Rose suggested yesterday that Enten could lose its license in the UK if the group continues to violate the rules and regulations of the market.
“We welcome the Gambling Commission’s action against Entain, but it is not enough,” said Prochaska. “The industry says that 90% of the industry’s profits come from his 5% of customers who have addiction or are at risk of addiction, so this payment doesn’t get them anywhere near a solution. There is a structural problem of
“In fact, the industry sees payments from gambling commissions simply as a cost of doing business and will not change its business model until its license is revoked.
“1.4 million people in the UK suffer from gambling addiction and at least one person dies every day from gambling. This is a public health crisis.
“When Liz Truss or Rishi Snak take over in September, they must publish their long-awaited gambling law review in its entirety and undiluted.”
The publication of the review has been delayed after Boris Johnson stepped down as prime minister last month, and the gambling white paper now has Johnson’s final approval.
