Lord Butler of Brockwell
Main Page: Lord Butler of Brockwell (Crossbench - Life peer)(1 year, 7 months ago)
Lords ChamberWe have ensured that people who have excluded themselves from gambling are protected. Individuals are rightly taking action, and we want to ensure that they can do so. Individuals can draw their cases to the attention of the Gambling Commission, in addition to its work in monitoring the sector.
My Lords, does not the very small proportion that monetary fines constitute of gambling companies’ profits indicate that they are not working? Should the Gambling Commission not take more effective powers, which are already within its remit?
The fines and penalties imposed by the commission are increasing. In the 2016-17 financial year, it issued penalties of just £1.7 million. As I said a moment ago, since the start of 2022 operators have paid more than £76 million. The financial penalties are increasing, and the commission has revoked 14 operator licences and 66 personal licences since 2016. There are a range of sanctions which it can and does undertake.