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BGC reports UK offshore gambling stakes of £16.6bn

Regulation

The Betting and Gaming Council said research by H2 Gambling Capital put offshore betting stakes in the UK at £16.6bn, up from about £5bn in 2019. The report also said the regulated share of gambling fell from 97% to 92%; the BGC warned that proposed financial risk checks could drive customers towards unregulated sites if poorly implemented.

The figures and BGC warning bear on operators’ exposure to unlicensed competition and the possible effects of proposed checks.

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Regulation

BGC warns illegal operators could capture nearly half of UK gambling advertising

The Betting and Gaming Council said unregulated operators account for nearly 50% of UK gambling advertising spend, citing WARC analysis, and could hold a majority share within two years. H2 Gambling Capital estimates illegal UK gambling could exceed £33bn in 2028, up from £17bn expected this year; the BGC also warned that advertising restrictions on licensed operators could affect the balance.

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