Home » Hostile Environment In UK Gambling Industry Is Forcing Operators To Donate More To GambleAware Than Ever
Casino News

Hostile Environment In UK Gambling Industry Is Forcing Operators To Donate More To GambleAware Than Ever

UK

GambleAware, the UK gambling charity, says that operators are still donating, but the amount is still below the average. GambleAware has announced that the total amount pledged by licensed operators in six months ending on 30th September was 5.4 million pounds. The amount is, however, slightly more than last year. The total amount pledged in 12 months is now 9.6 million pounds.

GambleAware target is that all UK operators contribute a minimum of 0.1 percent of their total annual earnings. This target has never been achieved, but with the current hostile condition toward the gaming industry, the operators are more willing to donate than ever.

GVC Holdings led the way in the two fiscal years of GambleAware in the donations with 1.46 million pounds. William Hill pledged 1 million pounds, similar to the 2018-19 financial year. Bet365 followed with a donation of 868k pounds, Rank Group, and its subsidiary brands have donated 284 and 500k pounds respectively. Betway donated 160k pounds and BetVictor 153,500 pounds.

Flutter Entertainment and Paddy Power didn’t donate this fiscal year. In 2018, the two pledged 445k pound. The 5.4 million pounds contributed, 1.29 million came from regulatory fines imposed on LeoVegas-600 pounds and GameSys-690 pound by UK Gambling Commission. LeoVegas has also appeared on the GambleAware list of donations with a pledge of 70k pounds.

GambleAware expects that operators with a minimum revenue of 250k pounds to pledge a minimum of 250 pounds. That move is to welcome individuals to get involved in the donation. InTouch Games, which was fined 2.2 million by UK regulator over negligent of anti-money laundering protocols, donated 250 pounds in 2018-19 fiscal year and 14,100 pounds in this financial year.

Source: https://calvinayre.com/2019/10/17/business/gambleaware-industry-donations-responsible-gambling/

Tags

About the author

Isaac Munga

Isaac Munga

I am a person with sound background in imparting knowledge. I enjoy the challenges of a busy and demanding work environment, self motivated and work under minimum supervision. I always seek the position of responsibility, professional development and growth opportunity.

Uphold the ethics of my profession by distinguishing myself with absolute integrity and striving to work within the confines of my employer’s policies and procedures. I use my education and experience to work towards improving human clause.

Add Comment

Click here to post a comment

The following GDPR rules must be read and accepted:
This form collects your name, email and content so that we can keep track of the comments placed on the website. For more info check our privacy policy where you will get more info on where, how and why we store your data.