BGC estimates illegal betting reached £100m during Grand National weekend
The Betting and Gaming Council estimates that up to £100m was potentially wagered with illegal operators during Aintree Festival, including as much as £40m on the Grand National. The council did not explain how it calculated the figures and warned that proposed financial risk checks could push more bettors towards unregulated operators; the Gambling Commission is proposing the checks.
The estimate and the BGC’s warning concern the scale of unlicensed betting and possible effects of proposed checks on regulated operators.