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BGC estimates up to GBP 100m in UK illegal betting stakes on Boxing Day

Regulation

The Betting and Gaming Council estimated that up to GBP 100 million could be staked with illegal gambling operators in the UK on Boxing Day. The council said its estimate used the day’s share of annual betting activity, drawing on data from H2 Gambling Capital, and warned that higher taxes could encourage customers to move to unlicensed sites.

The BGC’s estimate highlights the illegal betting activity it associates with Boxing Day and warns higher taxes could drive customers to unlicensed sites.

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Regulation

BGC estimates £60m in illegal bets during Cheltenham Festival

The Betting and Gaming Council said illegal operators took up to £60 million in stakes during the four-day Cheltenham Festival. The council estimated the event generated close to £1 billion in betting stakes and cited analysis indicating that about 6% of betting in Britain flows through illegal operators. Chief executive Grainne Hurst said higher taxes and affordability checks could make it harder for licensed firms to compete.

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