Black Market Warning issued by Betting and gaming Council

Discussion in 'Casino Industry Buzz and Terms Alerts' started by MissExposé, Dec 28, 2020.

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    MissExposé

    MissExposé Well-Known Member Staff Member

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    Betting and Gaming Council lobby group has warned the government about the potential danger of unregulated operators.
    An investigation from PricewaterhouseCoopers determined 200,000 local iGaming punters had made a combined 27 million visits to unlicensed iGaming sites over the course of a recent twelve-month period to place approximately £1.4 billion ($1.8 billion) in accumulated wagers.

    Source: https://news.worldcasinodirectory.c...?awt_a=3_Od&awt_l=5wjhy&awt_m=3Xdq60QQseCdOOd
     
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    Joonas

    Joonas Certification Member Staff Member

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    I have been waiting for a study about this from the UK. Really nice to see some numbers.
     
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    Kadabra

    Kadabra Affiliate Guard Dog Member

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    If they keep going in that direction, it will cross 10bn in 2 years :)
     
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    NDG

    NDG Affiliate Guard Dog Member

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    The obvious remedy would be to make it easier for people to gamble online at licensed brands in the UK
    and let those brands be more competitive and offer better promotions and a safer environment for players.

    What will probably happen is that they will try to find ways to block offshore sites and continue to tighten
    the UK gaming regulations in an obsessive fashion which will continue to drive more players offshore.
     
    AussieDave likes this.
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    Tipzor Media

    Tipzor Media New Member

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    Gonna need a bitcoin casino pretty soon :)
     
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    AussieDave

    AussieDave 20 years & still going!

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    They're Gov., run organisations, with industry clueless goofs, making decisions. What could possibly, ever, go wrong :rolleyes:
     
    PennyCJ likes this.

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