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The Betting and Gaming Council (BGC) has expressed its support for the newly elected Labour Government following their landslide victory in the UK General Election held on 4 July.
As such, the BGC has committed to collaborating with the new government to foster a healthy gaming industry, emphasising economic growth and enhanced standards for safer gambling.
The betting and gaming industry in Britain is currently navigating one of its most significant regulatory reforms in a generation, following the publication of the White Paper in 2023.
The BGC and its members have stated they are dedicated to implementing the proposals contained within the White Paper, which aim to raise standards and position businesses for economic growth.
The reforms, supported by both the BGC and Labour, include a statutory levy to address problem gambling and related harms, an Ombudsman for improved consumer redress, financial risk checks online, new stake limits for online slots, a Sports Sponsorship Code and modernisation proposals for the land-based casino sector.
Michael Dugher, Chair of the BGC, stated: “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 victory and its commitment to continue working with the industry.
“On hard-pressed high streets through bookmakers, in the leisure and tourism sector through casinos and bingo halls and in tech, where our members are genuine world beaters, this is a sector ready to contribute to growth, jobs and investment in the economy.
“We are investing in virtually every constituency in the land and we look forward to working with all the newly elected Members of Parliament.”
