This story was published more than 4 years ago.
The UK Gambling Commission is pushing £9 million to GambleAware to help aid against gambling addiction during the Covid-19 crisis that's keeping the country in lockdown, with no timetable for re-opening.
The money will be used to help the charity fight addiction, as punters are kept inside and could be tempted to gamble more. A study has claimed that the overall gambling participation across the country has fallen with the pandemic, but that individuals that do gamble are betting more than before the lockdown. Funds will support online treatment and improving the treatment system that's currently in place.
Commenting on the decision UKGC Chairman William Moyes said, "In the current climate, and with the potential risks to British consumers in mind, we have fast-tracked this settlement-driven funding to GambleAware so their work to prevent gambling harms and award grants can continue seamlessly.
"In addition to a tough and flexible regulatory system, it's vital that organisations such as GambleAware and their partners can continue the great work they do, especially at times when there is an elevated risk of gambling harm with people staying at home due to social distancing measures."
The donation comes after GambleAware announced their donations for the past year reaching more than the charity's goal of £10 million.
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Comments
We've been reading of so many fines UKGC have been enforced and collected lately that no wonder they have some over budget to deal with...but this is how the system should work really...I think.
I agree. This regulator is one of the few that holds operators accountable, and its good to see that the funds aren't put toward something like "administrative fees", but rather toward preventing gambling harm.
sharpe