Gambling Industry: Gambling Reforms

Lord Austin of Dudley Excerpts
Tuesday 17th May 2022

(2 years ago)

Lords Chamber
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Lord Parkinson of Whitley Bay Portrait Lord Parkinson of Whitley Bay (Con)
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We are certainly aware of the close relationship between racing and betting. As the noble Lord, Lord Bassam, rightly said, many people enjoy a flutter and do so without risk of harm. The main area of concern we are hearing from the racing industry is about affordability checks. These are important but must also be proportionate, and we are carefully considering the impact of all our proposals as part of the review.

Lord Austin of Dudley Portrait Lord Austin of Dudley (Non-Afl)
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My Lords, the vast majority of people gamble responsibly, and their harmless pastime supports 120,000 jobs in an industry paying £4.5 billion in tax and contributing £7.7 billion to the economy, so of course the Minister has got to consider the impact that new legislation might have on the public finances. While one problem gambler is one too many, should it not also be borne in mind that official Gambling Commission figures show that problem gambling has fallen to just 0.2% of the adult population, half the rate of the previous year?

Lord Parkinson of Whitley Bay Portrait Lord Parkinson of Whitley Bay (Con)
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The noble Lord is right: 40% of people gamble at least once a year, and if you also include people who only play the National Lottery then most people gamble. Most suffer no ill-effects from a pastime that they enjoy and brings benefits to the economy. However, we are also determined to tackle problem gambling and the misery it causes to many lives, and that is the balance we are trying to strike through our review.