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BGC warns illegal operators could take GBP 40m in Royal Ascot bets

Regulation

The Betting and Gaming Council said illegal gambling operators could take up to GBP 40 million in bets during Royal Ascot. Chief executive Grainne Hurst urged policymakers to support the regulated market, while the council said unlicensed operators do not provide mandatory player protections.

The council warns illegal operators may attract bets while avoiding mandatory player protections.

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Regulation

BGC seeks UK talks on gambling taxes, regulation and illegal betting

The Betting and Gaming Council said it wants to discuss sector taxation, regulation and illegal gambling with the UK Government. The trade body said financial-risk checks should rely on accurate data and warned that unresolved concerns could drive customers towards illegal platforms; it cited 109,000 jobs, £6.8bn in gross value added and about £4bn in annual tax contributions from the regulated sector.

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