Lord Smith of Hindhead
Main Page: Lord Smith of Hindhead (Conservative - Life peer)(8 years, 8 months ago)
Lords ChamberMy Lords, there is a global body: WADA. The noble Lord will be very glad to hear that it pays a lot of attention to what we do over here.
My Lords, the illegal gambling industry was estimated in 2013 to be worth upwards of £320 billion worldwide. Last year, receipts to Her Majesty’s Treasury from betting and gaming in the UK just exceeded £2 billion. Has an estimate ever been made of how much revenue is lost to the Treasury each year from illegal gambling in the UK?
My noble friend makes a very good point relating to illegal gambling. I missed the first part of his question, but I will write to him about the second part, in particular, because I do not have that information to hand.