Lord Smith of Hindhead
Main Page: Lord Smith of Hindhead (Conservative - Life peer)Sport: Doping and Illegal Gambling
Lord Smith of Hindhead Excerpts(8 years, 2 months ago)
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The Earl of Courtown
My 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.
Lord Smith of Hindhead (Con)
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?
The Earl of Courtown
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.