UK gambling policy imbalance has caused open pathway to black market
A recent article from SBC News highlights the growing threat of the UK’s illegal gambling black market, which is estimated to involve over 1.5 million people and £2.7 billion in annual wagers. A study by Frontier Economics reveals that 67% of individuals who self-exclude from legal gambling platforms continue to bet on unregulated sites. These black market operators exploit social media and messaging apps to reach users, often promoting their services through affiliate websites that advertise “non-GAMSTOP” status to attract those seeking alternatives to regulated platforms. The Betting and Gaming Council (BGC) warns that overly strict regulations, such as blanket affordability checks and advertising bans, may inadvertently drive more consumers toward these unregulated operators. BGC CEO Grainne Hurst emphasizes the need for balanced policies that protect consumers without pushing them into the arms of illegal operators. The article underscores the importance of a nuanced approach to regulation, aiming to safeguard the integrity of the UK’s gambling industry while addressing the challenges posed by the black market.
