Gambling
(asked on 14th April 2023) - View Source
Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Culture, Media and Sport, if she will make an estimate of the contribution of the betting and gaming industry to the economy.
Answered by
Stuart Andrew
Parliamentary Under Secretary of State (Department for Culture, Media and Sport)
The Government recognises the contribution that the betting and gaming industry makes to the economy. Estimates indicate that the sector accounted for £5.7 billion or 0.3% of UK Gross Value added (GVA) in 2019 and pays approximately £2 billion per year to the exchequer in gambling duties, excluding Lottery Duty.
The Government’s Review of the Gambling Act 2005 has been looking as part of its broad scope at the size of the black market and how easy illegal websites are to access, as well as whether the Gambling Commission has the powers and resources it needs. We will publish a white paper in the coming weeks.