Baroness Bennett of Manor Castle
Main Page: Baroness Bennett of Manor Castle (Green Party - Life peer)(1 year, 4 months ago)
Lords ChamberNearly half of adults in this country choose to gamble. This is a legal activity which many people do without any harm, but we know that when people get into gambling-related harm, the consequences can be very serious. That is why successive Governments have tried to look at this in a balanced way. We are looking at laws which do not adequately reflect the way that people gamble online nowadays. We are grateful to the many people who have provided evidence, from the industry, campaign groups and people who gamble. We want to make sure that we get the right balance between protecting people’s freedom to carry out a legal activity and preventing them from falling into harm.
My Lords, the Minister has described the penalty for William Hill as a record penalty set at a very high level. It is four days’ revenue for the parent company, which last year won £1.8 billion from punters. Should not the fine be a percentage of its total revenue, and what does the Minister think a company like William Hill would have to do to get suspended, given that among the many horrendous cases, we have 331 gamblers who chose to use the self-exclusion mechanism and were then able to gamble on the site?
As the commission made clear, it looked at tougher sanctions. However, because the operator in this instance admitted its fault and has started to take steps to address it, the commission chose to impose the regulatory penalty that it did. It is making financial penalties available. In relation to this case, it is also requiring the company to undergo a third-party audit to assess how it is implementing its anti-money laundering and safer gambling policies, procedures and controls. The commission is using the powers that it has at its fingertips.