Question

To ask His Majesty's Government, further to the Written Answer by Baroness Twycross on 16 February, and in light of 10 per cent of people reporting using prediction markets, what "further action" they will consider to manage the impact of those prediction markets.

The department is not aware of any official statistics indicating that 10 per cent of people in Great Britain report using prediction markets.

The Department for Digital, Culture, Media and Sport is working in close partnership with the Gambling Commission to monitor prediction markets, and further updates will be issued if additional action is required.