Gambling Industry: Gambling Reforms

Lord Bassam of Brighton Excerpts

Tuesday 17th May 2022 Lords Chamber

[Lord Parkinson of Whitley Bay (Con)]

As the noble Viscount knows, we have looked also at the harms associated with online gambling. Indeed, while awaiting the White Paper and the outcome of our review, we have strengthened the rules on how online operators identify and interact with people at risk of harm. We are not delaying in taking action where that is needed.

[Lord Bassam of Brighton (Lab)]

My Lords, so far as we are concerned the Government continue to drag their feet on reforming gambling regulation, with reports suggesting that the White Paper has been delayed yet again. Gambling firms pay a significant amount in tax and there is a balance to be struck—we all like a flutter. However, with the Exchequer ultimately responsible for the significant costs of problem gambling, it is right that regulatory and fiscal arrangements are reviewed. Does the Minister believe it is right for firms such as bet365 to argue against proposals for a statutory levy while its boss takes home a salary of £250 million a year and £97.5 million in dividend payments?

[Lord Parkinson of Whitley Bay (Con)]

My Lords, we have sought views from all interested parties as part of our review of the Act, including the industry, which is taking action in some areas. We are happy to engage with people on both sides of the argument. We called for evidence on the best way to recoup the regulatory and societal costs of gambling, which includes looking at a levy, and we will set out our conclusions in the White Paper.