Racing stakeholders have joined gaming industry representatives in calling for caution as the government reviews whether to align remote gambling taxes under one structure. HMRC, the UK tax office, is currently in the midst of a review due to conclude in July which could see the three different betting duties combined into one. This would see a general gaming duty …
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Grainne Hurst warns govt to consider ‘catastrophic’ tax regime
Grainne Hurst, CEO of the Betting and Gaming Council (BGC), has cautioned against the government’s planned single taxation regime. Yesterday, 28 April, the government launched consultations on an updated ‘single online gambling duty’, running for 12 weeks through 21 July. The new tax treatment looks to revise existing remote gambling duties given the rise in customer engagement with online gambling …
Read More »BGC says global appeal could cost Grand National £10m in illegal bets
Ahead of this weekend’s Grand National race, the Betting and Gaming Council (BGC) has warned that almost £10m of bets could be placed on the black market. Proprietary research by the trade body, which represents more than 90% of the UK regulated sector, predicts £250m will be staked on the Aintree showpiece. However, it also predicts that £9.4m will go …
Read More »BGC secures third sponsorship of Leicester Veterans’ Raceday
The Betting and Gaming Council (BGC) has been named as the official sponsor of the Leicester Racecourse’s Veterans’ Raceday. For the third consecutive year, the BGC will have the chance to support the event’s main race, the BGC Defence Medical Rehabilitation Centre Handicap Chase, raising funds for a number of military charities in the process. Over the recent years, BGC …
Read More »BGC hits back at Wales’ decision to ban greyhound racing
The Betting and Gaming Council (BGC) has stated that it is “deeply disappointed” with the decision to halt greyhound racing in Wales. The country’s government announced plans to introduce the ban “as soon as practically possible”, citing concerns around animal welfare. A petition to ban the sport received more than 35,000 signatures. However, the BGC believes the decision was taken …
Read More »BGC criticises The Guardian’s report of ‘innocuously’ placed Ladbrokes ad
The Guardian has been condemned by the the Betting and Gaming Council (BGC) for a story about a Ladbrokes ad appearing on a baby monitor app used by parents. Specifically looking at the paper’s use of quotes, the BGC took issue with Tom Fleming who ‘appears to be a public affairs and communications manager at campaign group GamblingWithLives’ being quoted …
Read More »Michael Dugher becomes new Nottingham Forest board member
Michael Dugher, a former MP and betting industry trade representative, has been announced as the latest Board of Directors member of Nottingham Forest. No additional information has been provided on what Dugher’s responsibilities will entail, but an assumption could be made that he will aid the football club with advisory support around government affairs. He first won a seat in …
Read More »BGC’s first code handbook determined to ‘raise the standards’
The Betting and Gaming Council (BGC) has published its first Code Handbook, as it looks to give a more in depth guide on raising standards in the UK betting industry, A trio of codes have become part of License Conditions and Codes of Practice (LCCP) for members. These measures have already been implemented across the sector. At the heart of …
Read More »BGC to prioritise sector funding as new Investment Minister swears in
The Betting and Gaming Council (BGC) has welcomed the appointment of Poppy Gustafsson OBE as the Minister for Investment, underscoring the importance of her expertise for nurturing a good relationship between industry and policymakers. Gustafsson is the former CEO of Darktrace, a British cybersecurity firm. Her key responsibility as a Government representative will include navigating the UK’s investment strategies across …
Read More »BGC’s best practice guide a ‘vital new resource’ for operators
The Betting and Gaming Council (BGC) has launched its first International Best Practice Guide, setting out new key policy objectives common to all regulators. The guide offers a single body of evidence to ‘critically compare’ the wide variation in regulatory approaches to help inform decision making. BGC CEO, Grainne Hurst, noted: “For the first time, the BGC has brought together …
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