A growing UK gambling sector is compatible with creating a safer industry, according to the minister in charge of gambling policy, who has announced the date for the incoming slot limits.
Barnoess Twycross, the UK minister for gambling, championed the government's focus on economic growth during her speech at the Betting and Gaming Council鈥檚 (BGC) annual general meeting (AGM) on February 27.
Twycross said: 鈥淚've seen the value this sector brings, not just in tax receipts and jobs created, but as a leisure activity."
She provided an update on the white paper implementation and other relevant legislation in the UK affecting the gambling industry.
The statutory levy is a 鈥渉uge step forward鈥 and became law on Tuesday (February 25), according to Twycross, who added that it will come into force on April 6, and the first payments will be due on October 1, 2025.
She flagged that it is 鈥渧ital鈥 that funding is sustained to treatment providers during this transition period, welcoming the BGC鈥檚 commitment that this will be delivered.
New online stake limits were also made into law on Tuesday.
鈥淚 can confirm the 拢5 limit will be enforced on the 9th of April, whilst the 拢2 limit for younger adults will be introduced on the 21st of May. I know implementing these stake limits is a technical challenge and I am grateful for the work you have done for the preparation for this moment,鈥 she said.
The government is also 鈥渕oving forward with 鈥.
This will see the introduction of a raft of changes, including a sliding scale of machine entitlements, and allow sports betting in all casinos.
鈥淭he changes will unlock investment in the sector and should provide an economic boost for operators and machine manufacturers,鈥 according to the minister.
Two other key areas flagged by the minister were advertising and the threat of the illegal market.
The was also passed into law on Tuesday, strengthening the ability for authorities to take down illegal websites.
Twycross praised the new law and the Gambling Commission鈥檚 commitment to increase its disruption of the black market.
When it comes to advertising, she acknowledged that it is the 鈥渒ey advantage licensed operators have鈥 but there are also people that 鈥渇eel inundated with gambling ads when watching sport鈥, and that it can have a larger impact on those already experiencing harm, children and young people.
She called for a 鈥渞obust assessment鈥 of the impact of advertising and sports sponsorships.
The speech presented a positive view of the impact of the gambling industry in the UK and repeatedly championed its future growth and commitment to continue to raise player protection standards, in contrast to much of the political debate around the sector in recent years.
Discussions 天涯海角社区 had on the sidelines reflected a view among many members that the government's desire for growth will be very beneficial to the industry.
This sentiment was reflected by BGC CEO Grainne Hurst鈥檚 opening address, where she said: 鈥淲e are on the cusp of a period of regulatory stability鈥 following a 鈥渓ong and arduous process鈥 to implement white paper changes.
Hurst added: 鈥淭here are still some hurdles to jump in terms of frictionless affordability, AML, casino modernisation. But by the end of 2025, we will have seen a vast amount of white paper implemented.鈥
However, the future of greyhound racing is looking increasingly uncertain and was brought up several times, due to the recent proposal to ban the sport in Wales.
Many members stated the sports' popularity and cultural importance, warning that if bookmakers do not voice their support for it, it could end up being banned across the UK shortly.
Greg Knight, the managing director of Jenningsbet, warned on a later panel: 鈥淚t will be jump racing after that. These people [gambling prohibitionists] won鈥檛 stop there. They want to spoil people's fun, that is what they're out to do.鈥
